Institut International d'Études Bancaires explained

The Institut International d’Études Bancaires (IIEB) 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] The founding organizations were Crédit Industriel et Commercial, Union Bank of Switzerland, Société Générale de Belgique and Amsterdamsche Bank. 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.[2] 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.[3]

In 1997, an IIEB meeting resulted in the merger which formed UBS, one of the largest banks in the world. In 2010, Handelsbanken's CEO withdrew from the group just before it met in Stockholm.[4]

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, lectures, and socializing.[5] In recent years, central bank officials speaking at the IIEB have often published the text of their speech.

See also

References

  1. Web site: International Banking Study Institute . 2024-02-12 . . 2023-03-22 . https://web.archive.org/web/20230322150000/https://uia.org/s/or/en/1100004726 . live .
  2. Web site: Le Monde . Institut International d’Etudes Bancaires . .
  3. Web site: Reuters . Europe's financial elite quietly meet in Vienna . .
  4. Web site: Petersson . Claes . 2010-05-19 . Hoppar av hemlig bankklubb . 2024-02-12 . . sv.
  5. Web site: Walker . Owen . Inside European finance's most secretive society . live . https://archive.today/20240211051937/https://www.ft.com/content/0ec8089d-df7c-4331-8c45-0f70a1f3cb8b . 2024-02-11 . 2024-02-12 . Financial Times.