Cerith Wyn Evans More Light Research (2019), part of the UBS Art Collection.
Photographer: Kate ElliottArt
Banks Are the ‘New Medici’ When It Comes to Art Collecting
Even as not-for-profits struggle, banks are still buying and lending.
In many respects, Spain’s central bank was playing catch-up the minute it was founded in 1782—nearly 100 years after the Bank of England.
From another angle, though, Spain’s Banco de San Carlos, which subsequently became the Banco de España, was ahead of its time: It ranks as having one of the world’s first corporate art collections.