View source for Institut International d'Études Bancaires

{{Short description|European financial club}}
[[File:Ferrières-en-Brie château.jpg|thumb|The May 1964 meeting of the IIEB was hosted by the [[Rothschild banking family of France|Rothschild family]] at their [[Château de Ferrières]] in the far outskirts of Paris<ref name=":0" />]]
The '''Institut International d’Études Bancaires''' (IIEB) ({{lit|International Institute for Banking Research}}) 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.<ref name=":0" /><ref>{{Cite web |title=International Banking Study Institute |url=https://uia.org/s/or/en/1100004726 |access-date=2024-02-12 |website=[[Union of International Associations]] |archive-date=2023-03-22 |archive-url=https://web.archive.org/web/20230322150000/https://uia.org/s/or/en/1100004726 |url-status=live }}</ref> The founding organizations were [[Crédit Industriel et Commercial]], [[Union Bank of Switzerland]], [[Société Générale de Belgique]] and [[Amsterdamsche Bank]].<ref name=":0" /> 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.<ref>{{cite web |website=Le Monde |title=Institut International d’Etudes Bancaires |url=https://www.lemonde.fr/archives/article/1958/05/26/institut-international-d-etudes-bancaires_2289526_1819218.html |date={{date|1958/05/26}} }}</ref> 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.<ref>{{cite web |website=Reuters |url=https://www.reuters.com/article/idUSL5E7LL3R2/ |title=Europe's financial elite quietly meet in Vienna |date={{date|2011/10/21}} }}</ref>

In 1997, an IIEB meeting resulted in the merger which formed [[UBS]], one of the largest banks in the world.<ref name=":0" /> In 2010, [[Handelsbanken]]'s CEO withdrew from the group just before it met in Stockholm.<ref name=":0" /><ref>{{Cite web |last=Petersson |first=Claes |date=2010-05-19 |title=Hoppar av hemlig bankklubb |url=https://www.aftonbladet.se/a/J167p8 |access-date=2024-02-12 |website=[[Aftonbladet]] |language=sv}}</ref>

==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.<ref name=":0">{{Cite web |last=Walker |first=Owen |title=Inside European finance's most secretive society |url=https://www.ft.com/content/0ec8089d-df7c-4331-8c45-0f70a1f3cb8b |url-status=live |archive-url=https://archive.today/20240211051937/https://www.ft.com/content/0ec8089d-df7c-4331-8c45-0f70a1f3cb8b |archive-date=2024-02-11 |access-date=2024-02-12 |website=[[Financial Times]]}}</ref> In recent years, [[central bank]] officials speaking at the IIEB have often published the text of their speech.<ref>{{citation |url=https://www.bis.org/review/r020522a.pdf |author=Nout Wellink |title=Monetary unions in Europe and the US - just how different are they? Speech at the Institut International d’Etudes Bancaires, Amsterdam |date={{date|2002/05/17}} }}</ref>

==See also==
* [[International Monetary Conference]]
* [[Financial Services Forum]]

== References ==
<references />{{Finance-stub}}
[[Category:1950 establishments in France]]
[[Category:Organizations established in 1950]]
[[Category:International banking institutions]]