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Jacob Wallenberg (1892-1980)
Jacob Wallenberg (born 13 January 1956) is a Swedish banker and industrialist, currently serving as a board member for multiple companies. ''The Guardian'' has once quoted him as the prince in Sweden's royal family of finance. Biography Early life Wallenberg was born in 1956 in Stockholm. His father, Peter Wallenberg, Sr., was a banker. His mother is Suzanne Fleming Grevillius. He is a member of the prominent Swedish Wallenberg family.Jane MartinsonJacob Wallenberg £11bn prince in Sweden's royal family of finance ''The Guardian'', 16 June 2006 Education Wallenberg holds a B.Sc. Economics and M.B.A. from the Wharton Business School, University of Pennsylvania. Wallenberg attended the Royal Swedish Naval Academy and is today an Officer in the Royal Swedish Naval Reserve. Career Jacob Wallenberg was the Chairman of Skandinaviska Enskilda Banken. (SEB) from 1998 to 2005 and Vice Chairman from 2005 to 2014. He was the CEO of the Bank in 1997 and EvP and in charge of Corporat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm, Sweden
Stockholm () is the capital and largest city of Sweden as well as the largest urban area in Scandinavia. Approximately 980,000 people live in the municipality, with 1.6 million in the urban area, and 2.4 million in the metropolitan area. The city stretches across fourteen islands where Lake Mälaren flows into the Baltic Sea. Outside the city to the east, and along the coast, is the island chain of the Stockholm archipelago. The area has been settled since the Stone Age, in the 6th millennium BC, and was founded as a city in 1252 by Swedish statesman Birger Jarl. It is also the county seat of Stockholm County. For several hundred years, Stockholm was the capital of Finland as well (), which then was a part of Sweden. The population of the municipality of Stockholm is expected to reach one million people in 2024. Stockholm is the cultural, media, political, and economic centre of Sweden. The Stockholm region alone accounts for over a third of the country's GDP, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlas Copco
Atlas Copco (Copco from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. It manufactures industrial tools and equipment. The Atlas Copco Group is a global industrial group of companies headquartered in Nacka, Sweden. In 2019, global revenues totaled SEK 104 billion, and by the end of that year the company employed about 38,774 people. The firm's shares are listed on the Nasdaq Stockholm exchange and both 'A' and 'B' classes form part of the benchmark OMXS30 index. Atlas Copco companies develop, manufacture, service, and rent industrial tools, air compressors (of which it is the world's leading producer), construction and assembly systems. The Group operates in four areas: Compressor Technology, Vacuum Technology, Power Technology and Industrial Technology. History Early development AB Atlas, as it was previously named, was founded by Edvard Fränckel, who was a Swedish industrialist, politician and senior official ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trilateral Commission
The Trilateral Commission is a nongovernmental international organization aimed at fostering closer cooperation between Japan, Western Europe and North America. It was founded in July 1973 principally by American banker and philanthropist David Rockefeller, an internationalist who sought to address the challenges posed by the growing economic and political interdependence between the U.S. and its allies in North America, Western Europe, and Japan. The Trilateral Commission is headed by an executive committee and three regional chairs representing Europe, North America, and the Asia-Pacific region, with headquarters in Paris, Washington, D.C., and Tokyo, respectively. Meetings are held annually at locations that rotate among the three regions; regional and national meetings are held throughout the year. Most gatherings focus on discussing reports and debating strategy to meet the commission's aims. Membership in the Trilateral Commission is highly selective and by invitation only ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tsinghua University School Of Economics And Management
Tsinghua University School of Economics and Management (abbreviation: Tsinghua SEM; Chinese: 清华大学经济管理学院, ''qīng huá dà xué jīng jì guǎn lǐ xué yuàn ''), is the business school of Tsinghua University in Beijing, China. The school offers undergraduate, master, doctoral, and many executive education programs, with a total enrollment of more than 3,000 students. History Early history The history of Tsinghua SEM dates back to 1926, when Tsinghua University established its Faculty of Economics. In 1956, when the Chinese government decided to regroup higher education institutions in an attempt to build a Soviet-style education system, the Faculty of Economics was separated from Tsinghua and merged into other universities. Revival In 1979, with the Chinese economic reform taking place, Tsinghua University began setting up a new School of Economics and Management Engineering. The School of Economics and Management was officially established in 1984, with Zhu R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Round Table Of Industrialists
The European Round Table of Industrialists, abbreviated ERT, is an advocacy group in the European Union consisting of some 50 European industrial leaders working to strengthen competitiveness in Europe. The group works at both national and European levels. History The roots of the European Round Table of Industrialists date back to the early 1980s. The European economy at that time, was regarded as suffering from eurosclerosis, which was perceived as a lack of dynamism, innovation and competitiveness when compared with the economies of Japan and the United States. The negative economic consequences of the competitive situation worried several leading European businesspeople. At the initiative of Pehr G. Gyllenhammar, the CEO of Volvo, 17 European businessmen met in the Paris boardroom of Volvo on 6 and 7 April 1983. They envisioned to create an organisation, which would be able to convey its message about the state of the economy to the European political leaders. The core messa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bilderberg Group
The Bilderberg meeting (also known as the Bilderberg Group) is an annual off-the-record conference established in 1954 to foster dialogue between Europe and North America. The group's agenda, originally to prevent another world war, is now defined as bolstering a consensus around free market Western capitalism and its interests around the globe. Participants include political leaders, experts, captains of industry, finance, academia, numbering between 120 and 150. Attendees are entitled to use information gained at meetings, but not attribute it to a named speaker (known as the Chatham House Rule). This is to encourage candid debate, while maintaining privacy—a provision that has fed conspiracy theories from both the left and right. Meetings were chaired by Prince Bernhard of the Netherlands until 1975. The current Chairman is French businessman Henri de Castries. Since 1954, the meeting has taken place every year except in 1976, when it was cancelled due to the Lockheed brib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm School Of Economics
The Stockholm School of Economics (SSE; sv, Handelshögskolan i Stockholm, HHS) is a private business school located in city district Vasastaden in the central part of Stockholm, Sweden. SSE offers BSc, MSc and MBA programs, along with PhD- and Executive education programs. SSE's Master program in Finance is ranked no. 18 worldwide as of 2018. The Masters in Management program is ranked no. 7 worldwide by the ''Financial Times''. QS ranks SSE no.26 among universities in the field of economics worldwide. The school is the only privately funded university in Sweden. SSE is accredited by EQUIS and is a member of CEMS. SSE has founded sister organizations: SSE Riga in Riga, Latvia, and SSE Russia in St Petersburg and Moscow, Russia. It also operates ''the European Institute of Japanese Studies ''(Japanese, kanji: 欧州日本研究所,'' ''Japanese, romaji: Ōshū Nihon kenkyūjo), a research institute in Tokyo, Japan. History The Stockholm School of Economics was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knut And Alice Wallenberg Foundation
Knut and Alice Wallenberg Foundation (KAW) ( sv, Knut och Alice Wallenbergs Stiftelse) is a Swedish public and private foundation formed in 1917 by Knut Agathon Wallenberg and his wife Alice Wallenberg. It was created to support research in the natural sciences, technology and medicine by awarding long-term grants to basic research of the highest international class. Governance From its start in 1917 to 1971 the board members of the Foundation were mostly from the Wallenberg family. In 1971 a Council of Principals was established which changed the membership pattern, and the academics began to serve as board members of the KAW. Then politicians from the Centre Party were also assigned to the board, including Christina Rogestam, Anders Dahlgren, and Thorbjörn Fälldin. Funding Since its establishment it has approved funding of just over SEK 27.2 billion to Swedish research and education. Almost SEK 14.5 billion of this was awarded between 2008 and 2018. The funding allocated a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nasdaq Inc
Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange, the Philadelphia Stock Exchange, and the Boston Stock Exchange, and seven European stock exchanges: Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, and Nasdaq Vilnius. It is headquartered in New York City, and its president and chief executive officer is Adena Friedman. Historically, the European operations have been known by the company name ''OMX AB'' (''Aktiebolaget Optionsmäklarna''/Helsinki Stock E''x''change), which was created in 2003 upon a merger between ''OM AB'' and ''HEX plc''. The operations have been part of Nasdaq, Inc. (formerly known as ''Nasdaq OMX Group'') since February 2008. They are now known as Nasdaq Nordic, which provides financial services and operates marketplaces for securities in the Nordic and Baltic regions of Europe. His ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FAM AB
Foundation Asset Management AB is a Swedish foundation asset management company, founded by the three largest Wallenberg foundations in order to manage the assets of the foundations, by means of direct ownership as well as through management and consultancy agreements. The administration of all the foundations and the donations of all the Wallenberg foundations is handled through a subsidiary. The Wallenberg foundations is an informal collective name for the twenty different foundations founded by the members of the Wallenberg family. The largest Wallenberg foundations in order of net worth: *'' The Knut and Alice Wallenberg Foundation'', founded 1917. *'' The Marianne and Marcus Wallenberg Foundation'', founded 1963. *'' The Marcus and Amalia Wallenberg Foundation'', founded 1960. Largest holdings at 31 December 2013 * Alfa Laval – heat exchanger company (6.0% stake, 6.0% voting rights) * Bergvik Skog – forest company (12.5% stake, 12.5% voting rights) *Höganäs – meta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABB Group
ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland. The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie merged to create ASEA Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and were major electrical equipment manufacturers, a business that ABB remains active in today. The company has also since expanded to robotics and automation technology. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. Until the sale of its Power Grids division in 2020, ABB was Switzerland's largest industrial employer. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm in Sweden, and the New York Stock Exchange in the United States. An ABB entity plead guilty for bid rigging in 2001, and the company has had 3 US Foreign Corrupt Practices Act bribin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electrolux
Electrolux AB () is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool. Electrolux products sell under a variety of brand names (including its own), and are primarily major appliances and vacuum cleaners intended for home consumer use. Electrolux has a primary listing on the Stockholm Stock Exchange and is a constituent of the OMX Stockholm 30 index. History The company originates from a merger of two companies—Lux AB and Svenska Elektron AB, the former an established manufacturer and the latter a younger company founded by a former vacuum salesman who had also been an employee of the former firm. The origins of Electrolux are closely tied to the vacuum, but today it also makes major appliances. Sales company to major manufacturer In 1919, a Svenska Elektron AB acquisition, Elektromekaniska AB, became Elektrolux (the spelling was changed to Ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
