Is that pattern about to change?
Seems to have been pretty spot on with his timing so far
Stock market is back testing the highs
- THAT doesnt fit in somehow
Wall Street and the banksters are being allowed to win so far...
Welcome to The Inter-Alpha Group of Banks
The Inter Alpha Group of Banks was established in 1971 by six major European Community banks. At that time, the member banks had only limited experience in the international banking markets. The Group was formed to provide a platform for the regular exchange of ideas and explore areas for co-operation. The Group has no hierarchical structure and is connected only by a loosely worded ‘Agreement’ with each bank retaining its autonomy and independence.
The Group’s function has developed to:
Provide a platform for the regular exchange of ideas at Executive and Senior Management level
Allow specialists to meet and discuss topics of particular interest
Establish areas of co operation, particularly in international trade
Train junior and middle management by means of an annual Inter-Alpha Banking School and annual Inter-Alpha Banking Management Programme at INSEAD at Fountainbleau near Paris
Create a framework for individual banks within the Group to work together.
Membership of the group has now grown to eleven banks, representing fifteen European countries, namely:
AIB Group, Eire
BANCO ESPIRITO SANTO SA, Portugal
Soc Gen, France
ING Bank, the Netherlands
KBC Bank, Belgium
Nordea, Denmark, Finland and Sweden
National Bank of Greece, Greece
The Royal Bank of Scotland Group, UK