Italian Banking Families Essay

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Matt Laird Italian Banking Families of the 15th Century Art History II October 7, 2012 Italian Banking Families of the 15th Century. Florence was the center of the Renaissance and at the center of Florence was banking. Two families were at the center of banking history in Florence and Europe during the 15th century, the Medici family and the Pazzi Family. The Medici family or otherwise known as the House of Medici, was considered one of the most prominent banking families of the 15th century. They were also known as a political dynasty and later the family became infamous for their roles in the Royal House. The Medici Bank was the largest in Europe during this time period, which created great political power in Florence. The Medici Bank was one of the most prosperous and the most respected institutions in Europe, causing the Medici to be considered one of the wealthiest families in all Europe for a period of time. Their wealth, along with their ownership of the Medici Bank, created opportunities for the family to gain political power in Florence and then later in Italy and Europe. The leader or matriarch of the family, Lorenzo De’ Medici was considered to be more capable of ruling and leading a city, such as Florence, than he was of running his banking empire, which ultimately lead to the collapse of the Medici Bank. The Medici Family supplied four popes and two queens of France, and ran Florence, with a couple of interruptions, for almost 400 years (Medici Family – Politics with a Vision). Perhaps the most notable historical fact regarding the Pazzi family is their part in the conspiracy to replace the Medici as rulers of Florenc (Godfathers of the Renaissance). On Sunday, 26 April 1478, during High Mass at the Duomo before a crowd of 10,000, the Medici brothers were assaulted. Giuliano de' Medici was stabbed 19 times by Bernardo Bandi and Francesco de'

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