BNET Industries
Last Fiscal Year Sales:$3.7B
- Private
- DE
Dow Jones Description
Central Banking Institution for the European Union & the Euro Currency
President
Jean-Claude TrichetNumber of Employees 1,261
NAICS Code Monetary Authorities-Central Bank: 521110
Recent Events
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Document Security Systems Announces Ruling in Patent Validity Hearing by Austrian Patent Office
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Euro Stocks Rally After US Economic Reports
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Europe shares hit 1-week closing high on U.S. data
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Document Security Systems Announces Ruling in Patent Validity Lawsuit by Belgium Court
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Document Security Systems Announces Ruling in Patent Validity Lawsuit by Belgium Court
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Yen cuts earlier gains as it slides vs Aussie
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Overnight deposits at ECB rise, bond tally ticks up
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UPDATE 1-Luxembourg proposes Mersch for ECB vice president
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MONEY MARKETS-Bank loan rates near lows as ECB, BOE hold
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Is Europe's Economy on the Mend Yet?
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Italy: Draghi's ECB candidacy 'hypothesis' for now
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Kranjec-ECB likely to spend more than 60 bln on bonds-BBG
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UPDATE: ECB, Others Extend Dollar,Swiss Franc Liquidity Operations
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Guided by past, Europe vows to keep rates low
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Europe Heeds Cautious Central Banks
News & Analysis
Filter by
european central bank and financial services - All News and Analysis
Trichet Warns Banks Risk Addiction to Support
By Krista Hughes and Edward TaylorFRANKFURT (Reuters UK) - Banks risk becoming addicted to cheap central bank cash used to fight the financial crisis and must prepare for its eventual withdrawal, the head of the ECB warned at a Frankfurt banking conference on Friday.Financiers from the head of Deutsche Bank...
Trichet Warns Banks Risk Addiction to Support
By Krista Hughes and Edward TaylorFRANKFURT (Reuters) - Banks risk becoming addicted to cheap central bank cash used to fight the financial crisis and must prepare for its eventual withdrawal, the head of the ECB warned at a Frankfurt banking conference on Friday.Financiers from the head of Deutsche Bank DBKGn...
Banking Consolidation And Small Business Lending
The paper investigates small business lending as an information problem. It models the effects of information asymmetries within the bank combined with fixed wages. Two kinds of inefficiencies arise in equilibrium: the credit officer either sometimes shirks or he is occasionally fired. In both cases lending falls below the first-best...
Mergers and Acquisitions and Bank Performance in Europe: The Role of Strategic Similarities
An unprecedented process of financial consolidation has taken place in the European Union over the past decade. Building on earlier US evidence, one examines the impact of strategic similarities between bidders and targets on post-merger financial performance. This paper finds that, on average, bank mergers in the European Union resulted...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jean-Claude Trichet | President |
| Lucas Papademos | Vice President |
| Elisabeth Ardaillon Poirier | Director, Communications |
| Franco Modigliani | |
| Jean Rodriguez | Press Officer |
| Olivier Radelet | Press Officer |
| Regina K. Schuller | Head, Press |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Axel A. Weber | Board of Directors |
| Christian Noyer | Board of Directors |
| Erkki Liikanen | Board of Directors |
| Eugenio D. Papademos | Board of Directors |
| Gertrude Tumpel-Gugerell | Board of Directors |
| Guy Quaden | Board of Directors |
| Jaime Caruana | Board of Directors |
| John Hurley | Board of Directors |
| Jose Manuel Gonzalez-Paramo | Board of Directors |
| Klaus Liebscher | Board of Directors |
| Lorenzo Bini Smaghi | Board of Directors |
| Mario Draghi | Board of Directors |
| Nicholas C. Garganas | Board of Directors |
| Nout Wellink | Board of Directors |
| Otmar Issing | Board of Directors |
| Sirkka Hamalainen | Board of Directors |
| Vitor Manuel Ribeiro Constancio | Board of Directors |
| Yves Mersch | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | President | Current |
| Bank for International Settlements | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Vice President | Current |
| European Central Bank | Board of Directors | Current |
| Massachusetts Institute of Technology | Doctor of Philosophy (Ph.D. | Former |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Director, Communications | Current |
| European Central Bank | Director, Communications | Former |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Press Officer | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Press Officer | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Head, Press | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| BANCA D'ITALIA | Governor, Directorate | Current |
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
Dr. Wellink has been President of De Nederlandsche Bank since 1 July 1997. Since January 1999, Mr Wellink has sat on the Governing Council of the European Central Bank. Also, he has chaired the Basel Committee for Banking Supervision since July 2006. Since 1997, Dr. Wellink has sat on the Board of Directors of the Bank for International Settlement, which he chaired from 2002 until 2006. Mr Wellink is a member of the Group of Ten Governors, the committee of central bank governors of the G10 countries, and a Governor of the International Monetary Fund. Nout Wellink’s many secondary functions include the following. He is Chairman of the Supervisory Board of Leiden University, Chairman of the Board of Supervisors of the Netherlands Open Air Museum, Treasurer of the Supervisory Board of the Royal Picture Gallery Mauritshuis and member of the Supervisory Board of the Dutch Central Genealogy Bureau. He has been awarded a Knighthood in the Order of the Netherlands Lion. In 1982 Mr Wellink became an Executive Director of DNB. Between 1970 and 1982, he held several posts in the Ministry of Finance, starting on the economic staff, from 1975 as the Director General of Financial and Economic Policy and later as Treasurer General. From 1965 until 1970, Mr Wellink worked as an assistant, later staff member, in the economics department of Leiden University. After a study in Dutch law at the same university (1961–1968), Wellink obtained a doctor’s degree in economics at the Rotterdam Erasmus University. He completed his secondary education (science and grammar stream) in 1961. Born: 27 August 1943 at Bredevoort.
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of Finland | Chairman | Current |
| SanomaWSOY | Director | Current |
| Investor AB | Director | Current |
| KONE Corporation | Vice Chairman | Current |
| European Central Bank | Board of Directors | Current |
| Bank of Finland | Board Member | Current |
| Bank of Finland | Director | Former |
| Bank of Finland | Economist | Former |
| Helsinki School of Economics and Business Administration | D.Sc. in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| European Central Bank | Board of Directors | Current |
Executive News
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Ben Bernanke meets Ban Ki-moon
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Trichet Cautions on High Stakes
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Basel group sets out bank rules to avoid crises
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Growing pains persist
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Recession shows signs of waning: ECB
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BIS-New bank rules help avoid booms, busts-Trichet
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Global regulators flag sweeping new bank rules
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Global regulators flag new bank rules
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2nd UPDATE: BIS: Central Bankers Agree On Steps To Avoid Crisis
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UPDATE: BIS: Top Central Bankers Agree On Steps To Avoid Crisis
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Global regulators flag sweeping new bank rules
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UPDATE 1-Global regulators flag sweeping new bank rules
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GLOBAL ECONOMY WEEKAHEAD-Longer-term growth still an issue
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G20 to keep policies until recovery certain
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Re climbs to 48.90 against dollar
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Stocks Rally Ahead of Holiday Weekend
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Britain to Lag in Exiting Recession
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Mixed Message of Job Data Helps Stocks Rise
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Traders Seek a Bright Side After Jobs Data
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CURRENCIES: Dollar Mostly Lower Ahead Of U.S. Jobs Report
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