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Institut International d'Études Bancaires

From Wiki Knights Errant Life

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The May 1964 meeting of the IIEB was hosted by the Rothschild family at their Château de Ferrières in the far outskirts of Paris[1]

The Institut International d’Études Bancaires (IIEB) (Template:Lit) is a private association that brings together the leaders of major European banks.

History

The IIEB was founded on 6 April 1951 as part of the broader postwar European integration movement.[1][2] The founding organizations were Crédit Industriel et Commercial, Union Bank of Switzerland, Société Générale de Belgique and Amsterdamsche Bank.[1] In early years, the IIEB publicized at least some of its events, such as its 15th session held in Brussels on 9-10 May 1958.[3] In more recent times, the IIEB has typically preferred not to disclose the themes discussed at its meetings even when the meeting itself has been a matter of public knowledge, such as the one in Vienna in October 2011.[4]

In 1997, an IIEB meeting resulted in the merger which formed UBS, one of the largest banks in the world.[1] In 2010, Handelsbanken's CEO withdrew from the group just before it met in Stockholm.[1][5]

Activity

The IIEB does not maintain a website or disclose its membership. It hosts twice-annual three-day conferences in which bank CEOs attend business discussions and socialize.[1] In recent years, central bank officials speaking at the IIEB have often published the text of their speech.[6]

See also

References

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