Legacy of finance

The legacy of the haute-banque in the world. From the 19th to the 21st century

23 Jun 2017 at 8:00am

Paris, France

eabh in cooperation with BNP Paribas and Banque Lombard Odier

The haute banque emerged as an elite or sub-category of private banks in France during the Restauration (1815 – 1830) and reached its climax in the 1850s and 1860s.

These institutions were well respected and dealt with major international businesses which also had business with the State. However, with the beginning of the 20^th century their influence and importance continuously began to decline until it had virtually vanished after World War II.

Interestingly, many of the former haute banque houses came back on the scene again at the beginning of the 21^st century. How did this happen? And why?

Is Niall Ferguson right when making the argument that ‘the global financial crisis, which began in 2007, had its true origins in the decline of relationship banking‘?

Programme

08.30	Coffee reception
09.00	Welcome Patrick de Villepin (Chairman of BNP Paribas Factor, Global Head of Factoring & Vice-Chairman of the Association pour l'histoire de BNP Paribas) Carmen Hofmann, (Secretary General of eabh)
09.15	Introduction War and haute banque - a marriage of necessity Hugo Bänziger (Banque Lombard Odier & Chairman of eabh) BNP Paribas and the legacy of the European haute banque Eric Bussière (University of Paris Sorbonne)
10.00	Keynote speech Kwasi Kwarteng (Cambridge University/member of the British parliament)
10.40	The creation of financial networks Where did the haute banque come from and what did they do? Sabrina Sigel (Banque Lombard Odier) Haute banque: early days of Banque de France Olivier Feiertag (Rouen University) Haute banque and real estate asset management: the case of Camondo; 1802-1919 Lorans Tanatur Baruh (SALT Istanbul) New Bank and the culture of the Haute Banque in France in the second half of the 19th century Nicolas Stoskopf (Centre de recherche sur les économies, les sociétés, les arts et les techniques, CRESAT Mulhouse) Q&A Chair: Niels Viggo Haueter (Swiss Re)
12.00	Coffee
12.15	Panel discussion: Incubators of banking innovation David El Nouchi (ClubFunding) Yassin Hankir (savedroid) Anne-Cécile Lugagne-Delpon (BNP Paribas Wealth Management France) Bernhard Obenhuber (Swiss Finlab) Jean-Michel Pailhon (Ciallogy/ESSEC/Pantheon Assas) Arash Sorouchyari (Lombard Odier) Moderator: Hugo Bänziger (Banque Lombard Odier & Chairman of eabh)
13.15	Lunch
14.00	Finance and the state The haute banque, American Civil War debt, and the global integration of 19th century capital markets David K. Thomson (Sacred Heart University) Spoils of war: Gerson von Bleichröder and the conversion of the French indemnity 1871 – 1879 Sabine Schneider (University of Cambridge) The D´Eichthal Bank between St. Simonism and investment in Greece in the 19th century Korinna Schönhärl (Essen University) Q&A Chair: Olivier Feiertag (Rouen University)
15.00	Coffee
15.15	Changing roles and activities of haute banque Neuflize OBC and predecessors, 19th and 20th centuries Ton de Graaf (ABN AMRO) This time is different: from "Haute banque" to Asset management industry Laure Quennouëlle-Corre (CNRS, Université de Paris Sorbonne) Merchant banks in France 1970s to 1990s Hubert Bonin (Science Po Bordeaux) Q&A Chair: Joost Jonker (International Institute of Social History/University of Amsterdam)
16.15	Concluding remarks Youssef Cassis (European University Institute Florence)