Knowledge (XXG)

Bank of Brussels

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83: 20: 194:, abbreviated as Brufina, while a new banking subsidiary was formed on 30 January 1935 under the name Banque de Bruxelles. Following the initial public offering of the new entity's share, Brufina held 71 percent of the Banque de Bruxelles's equity. In 1937, Brufina in turn fell under the control of Belgian businessman 189:
In 1930, the Banque de Bruxelles controlled a rapidly expanding network of 20 local banks with 400 offices, which it fully absorbed the next year into the parent banking entity. Following the financial turmoil of the early 1930s, Belgium passed legislation in 1934 that forced separation between
304:(CBLFI), with a combined 10 percent stake in the Banque de Bruxelles and majority control of Banque Lambert. In October 1974, in a context of high exchange rates volatility and due to inefficient internal controls, the Banque de Bruxelles incurred a major financial loss of around 3.5 billion 308:
on foreign-exchange markets, tilting the balance in the merger talks in favor of Banque Lambert. As a consequence, the latter was able to secure dominant influence in the merged entity in 1975, including the inclusion of the Lambert name in the merged entity's brand of
109:-born banker Joseph Oppenheim. Following the downturn of the mid-1870s, the fledgling bank encountered financial distress, and Errera had to liquidate and re-establish it in 1877 on a smaller scale. Its operations and investments grew rapidly in the late 19th century. 737: 281:(ABN), then repurchased some of it following a political backlash. As a result, by 1972 the bank's largest shareholders were Brufina with 7 percent, ABN with 3.5 percent, and Barclays with 3.2 percent. 510: 225: 113: 211:(Cofinindus). As a result, the Banque de Bruxelles formed the banking hub of a cluster of industrial, financial and colonial businesses subsequently known as the 627: 228:, participating in economic activity benefiting the Nazis, while simultaneously hosting a resistance network in the bank's own premises in central Brussels. 756: 443: 373: 218: 67: 186:, while retaining Crégéco as a listed investment company. The BBA operated from the back of the Banque de Bruxelles building, at rue de Namur 3. 288:. Discussions to that effect started in 1969 and continued throughout the early 1970s. In 1972, the Banque Lambert's controlling shareholder 141: 878: 117: 883: 851: 783: 274:
to acquire joint ownership of Banque de Commerce, whose head office was subsequently relocated from Antwerp to Brussels in 1968.
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created the Banque de Bruxelles with support from a group of Dutch and German financiers including his father-in-law,
628:"The Baron de Launoit : A case study in the "politics of production" of Belgian industry during Nazi occupation" 284:
As early as 1953, Paul de Launoit started considering the option of a merger between the Banque de Bruxelles and the
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commercial banks and investment companies. As a consequence, the Banque de Bruxelles' parent company was renamed as
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The bank expanded its Belgian branch network in the 1960s, in competition with established incumbents the
182:. In 1929, Banque de Bruxelles transferred Crégéco's banking operations to a newly created affiliate, the 774:
Manfred Pohl (1994). "Le système bancaire en Belgique à travers les siècles - Banque Bruxelles Lambert".
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Les Entreprises et leurs RĂ©seaux : hommes, capitaux, techniques et pouvoirs, XIXe et XXe siècles
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The German Great Banks and Their Concentration in connection with The Economic Development of Germany
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Army Service Forces Manual M361-5 / Civil Affairs Handbook Belgium Section 5: Money and Banking
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Le baron Léon Lambert, un banquier et financier belge d'envergure internationale du XXe siècle
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De Launoit and the Banque de Bruxelles ambiguously navigated the harsh conditions of the
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In October 1969, Brufina sold part of its residual stake in Banque de Bruxelles to
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The bank's head office in the Palace of the Count of Flanders, photographed in 1910
298:(CLIF) and Cofinter, with Cofinindus and Brufina to create a single entity, named 476: 448: 380: 255: 270:
which received Banque de Bruxelles equity in exchange; in 1965, it allowed the
803:. Paris: Presses de l'UniversitĂ© de Paris-Sorbonne. pp. 462–463, 467–468. 414: 66:. It was Belgium's second-largest bank for most of its existence, behind the 106: 666: 267: 259: 251: 179: 55: 28: 321:) of the combined entity. The merger was completed on 30 June 1975. 120:. The latter, established at 27 Avenue des Arts on the corner with 81: 18: 23:
The bank's head office from 1905 to 1975, incorporating the
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Compagnie Bruxelles Lambert pour la Finance et l'Industrie
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Ernest Urban, engineer and brother of Jules, 1901-1909
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Hermann Stern, former manager of the bank, 1909-1910
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Société de Bruxelles pour la finance et l'industrie
692:"L'internationalisation du système bancaire belge" 650:Les espions ZĂ©ro dans l'ombre du pouvoir 1940-1944 240:Compagnie financière et de gestion pour l'Ă©tranger 295:Compagnie Lambert pour l'Industrie et la Finance 226:German occupation of Belgium during World War II 162:(also known as CrĂ©gĂ©co), legally registered in 114:German occupation of Belgium during World War I 419:, former academic and civil servant, 1952-1975 58:, established in 1871 and merged in 1975 with 720:Alexandre Lamfalussy : Le sage de l'euro 713: 711: 709: 555:, Washington DC: National Monetary Commission 8: 799:Michèle Merger and Dominique Barjot (1998). 667:"26. CrĂ©dit GĂ©nĂ©ral du Congo S.A. (CREGECO)" 470: 468: 466: 464: 355:Georges de Laveleye, former director of the 299: 293: 238: 232: 212: 206: 572:Stanleyville Kisangani hier et aujourd'hui 158:, the Banque de Bruxelles established the 124:, had been jointly created in 1898 by the 819:La SociĂ©tĂ© GĂ©nĂ©rale de Belgique 1822-1997 817:RenĂ© Brion and Jean-Louis Moreau (1998). 776:Handbook on the History of European Banks 755:Clyde H. Farnsworth (30 September 1972). 481:, Washington DC: U.S. Army Service Forces 821:. Fonds Mercator. pp. 185–186, 256. 686: 684: 682: 680: 329:The successive chairs of the bank were: 116:, the Banque de Bruxelles took over the 852:"Louis Camu : notice nĂ©crologique" 460: 834:"Max-LĂ©o GĂ©rard, l'ingĂ©nieur-ministre" 832:Jean-Paul Bombaerts (11 August 2011). 812: 810: 778:. Frankfurt: Edward Elgar Publishing. 731: 729: 262:. In 1962, it acquired Antwerp-based 70:and, from 1934 onwards, its spun-off 7: 635:Revue Belge d'Histoire Contemporaine 511:"Banque Internationale de Bruxelles" 406:, former finance minister, 1939-1952 208:Compagnie financière et industrielle 718:Ivo Maes and Sophie PĂ©ters (2014). 475:Federal Reserve Board (June 1944), 426:was the bank's managing director ( 292:merged his two holding companies, 166:with administrative headquarters ( 118:Banque Internationale de Bruxelles 14: 231:In 1948, CrĂ©gĂ©co was renamed the 147:In 1920, led by its new chairman 142:A. Schaaffhausen'scher Bankverein 587:Bulletin Officiel du Congo Belge 432:PrĂ©sident du ComitĂ© de Direction 372:, son of a Vice Governor of the 346:Jules Urban, engineer, 1881-1901 319:prĂ©sident du comitĂ© de direction 237:(FINAF), which later became the 205:through his holding company the 757:"Baron Lambert Creates a Giant" 25:Palace of the Count of Flanders 696:Courrier Hebdomadaire du CRISP 647:YaĂ«lle Van Crombrugge (2013), 383:and former gĂ©nĂ©ral manager of 234:Compagnie Financière Africaine 1: 736:Anne-Myriam Dutrieue (2010), 138:Berliner Handels-Gesellschaft 444:SociĂ©tĂ© GĂ©nĂ©rale de Belgique 393:, former minister, 1932-1939 374:SociĂ©tĂ© gĂ©nĂ©rale de Belgique 219:SociĂ©tĂ© GĂ©nĂ©rale de Belgique 68:SociĂ©tĂ© GĂ©nĂ©rale de Belgique 900: 54:) was a prominent bank in 879:Banks established in 1871 884:Defunct banks of Belgium 626:John Gillingham (1974), 96:Giacomo (Jacques) Errera 64:Banque Bruxelles Lambert 529:"Bank Brussels Lambert" 493:"Bank Brussels Lambert" 279:Algemene Bank Nederland 160:CrĂ©dit General du Congo 546:Jacob Riesser (1911), 431: 318: 300: 294: 239: 233: 213: 207: 184:Banque Belge d'Afrique 171: 87: 51: 43: 31: 434:) from 1965 to 1975. 379:William Thys, son of 311:Bank Brussels Lambert 217:, second only to the 134:Disconto-Gesellschaft 85: 22: 424:Alexandre Lamfalussy 272:Chase Manhattan Bank 859:UniversitĂ© de Liège 722:. Brussels: Racine. 605:"ING Brief history" 343:, banker, 1871-1881 172:siège administratif 112:In 1916, under the 44:Banque de Bruxelles 16:Former Belgian bank 761:The New York Times 568:"CrĂ©dit Congolais" 264:Banque de Commerce 248:GĂ©nĂ©rale de Banque 88: 72:banking subsidiary 32: 385:Banque d'Outremer 357:Banque d'Outremer 214:groupe de Launoit 891: 863: 862: 856: 848: 842: 841: 829: 823: 822: 814: 805: 804: 796: 790: 789: 771: 765: 764: 752: 746: 745: 744: 733: 724: 723: 715: 704: 703: 688: 675: 674: 663: 657: 656: 655: 644: 638: 637: 632: 623: 617: 616: 614: 612: 601: 595: 594: 592: 582: 576: 575: 566:Jean-Luc Ernst. 563: 557: 556: 554: 543: 537: 536: 533:Encyclopedia.com 525: 519: 518: 507: 501: 500: 497:Encyclopedia.com 489: 483: 482: 472: 418: 405: 371: 342: 303: 297: 242: 236: 216: 210: 204: 157: 130:Darmstädter Bank 104: 52:Bank van Brussel 36:Bank of Brussels 899: 898: 894: 893: 892: 890: 889: 888: 869: 868: 867: 866: 854: 850: 849: 845: 831: 830: 826: 816: 815: 808: 798: 797: 793: 786: 773: 772: 768: 754: 753: 749: 742: 735: 734: 727: 717: 716: 707: 690: 689: 678: 665: 664: 660: 653: 646: 645: 641: 630: 625: 624: 620: 610: 608: 603: 602: 598: 590: 584: 583: 579: 565: 564: 560: 552: 545: 544: 540: 527: 526: 522: 509: 508: 504: 491: 490: 486: 474: 473: 462: 457: 440: 412: 399: 391:Maurice Houtart 365: 363:Maurice Despret 336: 327: 198: 196:Paul de Launoit 151: 149:Maurice Despret 98: 92:Venetian Jewish 80: 17: 12: 11: 5: 897: 895: 887: 886: 881: 871: 870: 865: 864: 843: 824: 806: 791: 784: 766: 747: 725: 705: 676: 658: 639: 618: 596: 593:, 15 June 1953 577: 558: 538: 520: 502: 484: 459: 458: 456: 453: 452: 451: 446: 439: 436: 421: 420: 407: 397:Max-LĂ©o GĂ©rard 394: 388: 377: 360: 353: 350: 347: 344: 334:Jacques Errera 326: 323: 306:Belgian francs 286:Banque Lambert 79: 76: 60:Banque Lambert 15: 13: 10: 9: 6: 4: 3: 2: 896: 885: 882: 880: 877: 876: 874: 860: 853: 847: 844: 839: 835: 828: 825: 820: 813: 811: 807: 802: 795: 792: 787: 785:1-85278-919-0 781: 777: 770: 767: 762: 758: 751: 748: 741: 740: 732: 730: 726: 721: 714: 712: 710: 706: 701: 697: 693: 687: 685: 683: 681: 677: 672: 668: 662: 659: 652: 651: 643: 640: 636: 629: 622: 619: 606: 600: 597: 589: 588: 581: 578: 573: 569: 562: 559: 551: 550: 542: 539: 534: 530: 524: 521: 516: 515:Stad Kortrijk 512: 506: 503: 498: 494: 488: 485: 480: 479: 471: 469: 467: 465: 461: 454: 450: 447: 445: 442: 441: 437: 435: 433: 429: 425: 416: 411: 408: 403: 398: 395: 392: 389: 386: 382: 378: 375: 369: 364: 361: 358: 354: 351: 348: 345: 340: 335: 332: 331: 330: 324: 322: 320: 316: 312: 307: 302: 296: 291: 287: 282: 280: 275: 273: 269: 265: 261: 257: 253: 249: 244: 241: 235: 229: 227: 222: 220: 215: 209: 202: 197: 193: 187: 185: 181: 177: 173: 169: 165: 161: 155: 150: 145: 143: 139: 135: 131: 127: 126:Deutsche Bank 123: 122:Rue de la Loi 119: 115: 110: 108: 102: 97: 93: 84: 77: 75: 73: 69: 65: 61: 57: 53: 49: 45: 41: 37: 30: 26: 21: 858: 846: 837: 827: 818: 800: 794: 775: 769: 760: 750: 738: 719: 699: 695: 670: 661: 649: 642: 634: 621: 609:. Retrieved 599: 586: 580: 571: 561: 548: 541: 532: 523: 514: 505: 496: 487: 477: 422: 328: 290:LĂ©on Lambert 283: 276: 245: 230: 223: 191: 188: 164:LĂ©opoldville 159: 146: 111: 89: 35: 33: 671:BooneShares 607:. ING Group 449:ASLK / CGER 413: [ 400: [ 387:, 1930-1932 381:Albert Thys 376:, 1919-1930 366: [ 359:, 1010-1919 337: [ 256:Kredietbank 243:(Cometra). 199: [ 152: [ 99: [ 873:Categories 410:Louis Camu 325:Leadership 176:Rue Royale 107:Frankfurt 90:In 1871, 438:See also 268:Barclays 260:Flanders 252:Wallonia 180:Brussels 62:to form 56:Brussels 29:Brussels 611:June 4, 94:banker 78:History 838:L'Écho 782:  702:, 1972 428:French 315:French 178:66 in 168:French 140:, and 40:French 855:(PDF) 743:(PDF) 654:(PDF) 631:(PDF) 591:(PDF) 553:(PDF) 455:Notes 417:] 404:] 370:] 341:] 266:from 203:] 174:) at 156:] 103:] 48:Dutch 780:ISBN 613:2014 254:and 34:The 700:551 258:in 250:in 27:in 875:: 857:. 836:. 809:^ 759:. 728:^ 708:^ 698:, 694:, 679:^ 669:. 633:, 570:. 531:. 513:. 495:. 463:^ 430:: 415:fr 402:nl 368:fr 339:fr 317:: 221:. 201:nl 170:: 154:fr 144:. 136:, 132:, 128:, 101:fr 74:. 50:: 46:, 42:: 861:. 840:. 788:. 763:. 673:. 615:. 574:. 535:. 517:. 499:. 38:(

Index


Palace of the Count of Flanders
Brussels
French
Dutch
Brussels
Banque Lambert
Banque Bruxelles Lambert
Société Générale de Belgique
banking subsidiary

Venetian Jewish
Giacomo (Jacques) Errera
fr
Frankfurt
German occupation of Belgium during World War I
Banque Internationale de Bruxelles
Rue de la Loi
Deutsche Bank
Darmstädter Bank
Disconto-Gesellschaft
Berliner Handels-Gesellschaft
A. Schaaffhausen'scher Bankverein
Maurice Despret
fr
LĂ©opoldville
French
Rue Royale
Brussels
Banque Belge d'Afrique

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