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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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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Dollar climbs on growing worries about the economy
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Europe Heeds Cautious Central Banks
News & Analysis
Filter by
european central bank - All News and Analysis
Global Stocks Slide Ahead of Policy Meetings
By Jeremy Gaunt, European Investment CorrespondentLONDON (Reuters) - World stocks added to the previous week's losses on Monday, hugging one-month lows as investors pulled back from a more than seven month rally and prepared for the eventual withdrawal of stimulative monetary policy.The dollar slipped against major currencies after enjoying its...
ECB Exit Should Not Be Concern-Trichet
FRANKFURT (Reuters UK) - There should not be any concern about the European Central Bank's capability to exit from the non-traditional measures taken, European Central Bank president Jean-Claude Trichet said on Thursday.He also pushed governments to think of their exit strategies from stimulus spending, as debt levels are reaching worrisome...
Eurozone unemployment highest for more than two years
MORE THAN a quarter of a million jobs were lost in the eurozone last month, taking the unemployment rate up to 8.2 per cent, its highest level in more than two years. Meanwhile, inflation is on the slide, raising the expectation of further interest rate cuts from the...
Diary Economics
Tomorrow: British Retail Consortium retail sales monitor. Royal Institution of Chartered Surveyors house price balance. Visible trade balance. Non-EU trade balance. Wednesday: Bank of England quarterly inflation report. UK Labour market data. Thursday: European Central Bank monthly report.
Pressure on UK to find shelter in the euro
EC looks for coordinated action to tackle crisis Barroso warns states cannot face challenge alone The President of the European Commission has hinted again that the pound should now join the eurozone. Jose Manuel Barroso said that "even the biggest states can't face these challenges alone", and...
EUR500 IS SCRAP
THE EUR500 note should be withdrawn because it is only used by criminals and drug dealers, an Irish MEP has warned. The purple notes are rarely seen in shops or pubs but still make up a staggering EUR223- billon of the total amount of euros in circulation....
Diary Economics
Monday: No major economic news expected Tuesday: UK BRC retail sales Wednesday: US business inventories, MBA mortgage applications, retail sales less autos Thursday EU European Central Bank interest rate decision. US initial jobless claims,...
Germany hit by sharpest drop in exports since 1969
Industrial orders down by 24 per cent over the year Europe's largest economy, Germany, is seeing a decline in its fortunes far more dramatic than previously feared. Yesterday brought another crop of poor economic news, with exports falling at their fastest rate in 40 years...
Ten years on, Europe's single currency is vindicated
LEADING ARTICLE And the fall of the pound should revive debate about euro membership Euro anniversaries might seem two a penny these days. The most recent was the 10th birthday of the European Central Bank in May. But the anniversary that falls at midnight tonight -...
Europe and the Euro
An NBER conference on "Europe and the Euro" took place on October 17 and 18 at Bocconi University in Milan. The conference highlighted the success of the first ten years of the Euro in terms of product market reforms, increased trade between members, successful monetary policy by the European Central...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jean-Claude Trichet | President |
| Lucas Papademos | Vice President |
| Elisabeth Ardaillon Poirier | Director, Communications |
| 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 | 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
Industry Transcripts by Seeking Alpha
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Fortress Investment Group LLC Q3 2009 Earnings Call Transcript
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