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1300. Website. www.bis.org. The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. [2] Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. [3] With its establishment in 1930 it is the oldest international ...
e. Basel I is the first Basel Accord. It arose from deliberations by central bankers from major countries during the late 1970s and 1980s. In 1988, the Basel Committee on Banking Supervision (BCBS) in Basel, Switzerland, published a set of minimum capital requirements for banks. It is also known as the 1988 Basel Accord, and was enforced by law ...
The Reichsbank was established by legislation of the Reichstag of 14 March 1875, and assumed its new role on 1 January 1876 when it succeeded the Bank of Prussia. Meanwhile, between 1873 and 1875 the Bank of Prussia assumed all the assets and liabilities of the Hamburger Bank, which was a major monetary anchor in Northern Germany. [ 10 ][ 4 ]: 199.
The United Nations Monetary and Financial Conference held at Bretton Woods, New Hampshire on 1–22 July 1944. The Bretton Woods Conference had three main results: (1) Articles of Agreement to create the IMF, whose purpose was to promote stability of exchange rates and financial flows. (2) Articles of Agreement to create the IBRD, whose purpose ...
The unarmed student Benno Ohnesorg, a member of the German student movement, was shot and killed by Karl-Heinz Kurras, a Berlin Police inspector and East German spy, while protesting the state visit of shah Mohammad Reza Pahlavi of Iran. 6 July. Langenweddingen level crossing disaster. 1968.
German Reich (lit. 'German Empire, German Realm' from German: Deutsches Reich, pronounced [ˌdɔʏtʃəs ˈʁaɪç] ⓘ) was the constitutional name for the German nation state that existed from 18 January 1871 to 5 June 1945. The Reich became understood as deriving its authority and sovereignty entirely from a continuing unitary German Volk ...
The unification of Germany (German: Deutsche Einigung, pronounced [ˈdɔʏtʃə ˈʔaɪnɪɡʊŋ] ⓘ) was a process of building the first nation-state for Germans with federal features based on the concept of Lesser Germany (one without Habsburgs ' multi-ethnic Austria or its German-speaking part).
The year 1884 marks the beginning of actual German colonial acquisitions, building on the overseas possessions and rights that had been acquired for the German Empire since 1876. In one year, Germany's holdings became the third-largest colonial empire, after the British and French empires. Following the British model, Bismarck placed many ...