A rare accounting document, half-concealed beneath a coat of arms design, has revealed the activities of Italian bankers working in early 15th century London, decades before the capital became a financial powerhouse. The discovery was made by economic historians at Queen Mary, University of London.
Among the pages of a bound collection of traditional English crests held at the London College of Arms - the headquarters of British heraldry - are several papers belonging to a book of debtors and creditors for Florentine merchant-banking company, Domenicio Villani & Partners.