Difference between revisions of "Ettore Lolli"

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{{person
 
{{person
 
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|description=Italian single Bilderberger (1964) banker who "brought the [[the Rothschilds]] and [[the Rockefellers]] together in a joint venture".
 
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|interests=Marshall Plan
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|prabook=https://prabook.com/web/ettore.lolli/1307508
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|birth_date= June 23, 1908
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|birth_place=Bologna,Emilia-Romagna,Italy
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|death_date=2000
 
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}}'''Ettore Lolli''' was Italian banker at the [[Banco Nazionale del Lavoro]] (BNL)<ref>https://time.com/archive/6630473/italy-battle-at-the-bank/</ref> After going in exile in the [[United States]] during [[World War 2]] and working for the American [[Marshall Plan]] in the years after, he became "one of the most important Italian bankers"<ref name=rsc04/>. He attended the [[1964 Bilderberg meeting]].
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==Career==
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Lolli was in exile in the United States since 1938 and during [[WW2]]. He worked for the Americans in the years after the war, 1945-50.<ref>https://usa.bnpparibas/app/uploads/sites/9/2021/09/the-history-of-bnp-paribas-in-the-us-final.pdf</ref><ref>https://iris.unimol.it/retrieve/dfbd111e-17a8-d2a0-e053-3705fe0a5a7e/Tesi_I_Pasquetti.pdf</ref> Lolli was the head of the Italian technical delegation which, in the years 1947-48 went to [[Washington]] to apply to become part of the [[Marshall Plan]].<ref name=rsc04>https://www.senato.it/documenti/repository/relazioni/archiviostorico/commissioni/X%20LEG_COMM.INCH.%20BNL-ATLANTA/X_%20LEG_INCH.%20BNL-ATLANTA_19_4.12.91.pdf page 17</ref>
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===Banco Nazionale del Lavoro===
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After the war, the US exerted a major influence on BNL's growth. The bank managed the financial flows of ARA, which was dedicated to the liquidation of American material left in Italy after [[1945]]. It also became an intermediary for the management of the funds of UNRAA ([[United Nations Relief and Rehabilitation Administration]]).<ref name=bnpparibas/>
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Starting in [[1948]], and thanks to its centralized organization, BNL helped manage the American assistance for Italy provided under the US Marshall Plan. In [[1950]], it returned to New York by opening a representative office on [[Wall Street]]. The office was directed by '''Ettore Lolli''', an expert on the United States, where he had taken refuge in 1938. In 1951, it established a US subsidiary, The Italian Economic Corporation of New York (TIEC), to help Italian businesses in the US. TIEC also represented several large Italian companies, such as [[ENI]], the Italian national oil company. <ref name=bnpparibas>https://usa.bnpparibas/app/uploads/sites/9/2021/09/the-history-of-bnp-paribas-in-the-us-final.pdf</ref>
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Lolli was longtime No. 2 man and heir apparent an the BNL. He resigned in 1966 because of disagreement between the [[Christian Democrats]] and Socialists over who would be officially tapped to run Italy's biggest financial institution once [[Imbriani Longo]] retired. The Christian Democrats favored Lolli, who had the backing of such important moneymen as Bank of Italy Governor Dr. [[Guido Carli]] and Treasury Minister [[Emilio Colombo]]. Due to the political disagreement, Lolli failed to get the top job.<ref>https://time.com/archive/6630473/italy-battle-at-the-bank/</ref>
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===Ras===
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Lolli became CEO of the insurance company [[Ras]] 1967-1982.<ref>http://www.brand-identikit.it/articoli/ras</ref><ref>https://mappastorica.intesasanpaolo.com/bank/detail/IT-ISP-MAPPAITALIA-0000154/istituto-bancario-italiano-ibi</ref>
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In [[1970]], he managed to bring the [[the Rothschilds]] and [[the Rockefellers]] together, joined in a new European mutual fund called the 3-R Fund. A quarter of the control was held by [[N.M. Rothschild & Sons]], the [[London]] bank that represents the British branch of the family. Another 25% was held by IBEC (International Basic Economy Corp.), a publicly owned U.S. development company that is controlled by the [[Rockefeller family]]. The third R in the new fund, and owner of 50% of the stock, was the powerful Italian insurance company R.A.S.<ref>https://time.com/archive/6838143/investment-joining-the-first-families/</ref>
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==References==
 
==References==
 
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Revision as of 12:18, 13 September 2024

Person.png Ettore Lolli PrabookRdf-entity.pngRdf-icon.png
(banker)
BornJune 23, 1908
Bologna, Emilia-Romagna, Italy
Died2000 (Age 92)
NationalityItalian
Alma materRome University
InterestsMarshall Plan
Italian single Bilderberger (1964) banker who "brought the the Rothschilds and the Rockefellers together in a joint venture".

Ettore Lolli was Italian banker at the Banco Nazionale del Lavoro (BNL)[1] After going in exile in the United States during World War 2 and working for the American Marshall Plan in the years after, he became "one of the most important Italian bankers"[2]. He attended the 1964 Bilderberg meeting.

Career

Lolli was in exile in the United States since 1938 and during WW2. He worked for the Americans in the years after the war, 1945-50.[3][4] Lolli was the head of the Italian technical delegation which, in the years 1947-48 went to Washington to apply to become part of the Marshall Plan.[2]

Banco Nazionale del Lavoro

After the war, the US exerted a major influence on BNL's growth. The bank managed the financial flows of ARA, which was dedicated to the liquidation of American material left in Italy after 1945. It also became an intermediary for the management of the funds of UNRAA (United Nations Relief and Rehabilitation Administration).[5]

Starting in 1948, and thanks to its centralized organization, BNL helped manage the American assistance for Italy provided under the US Marshall Plan. In 1950, it returned to New York by opening a representative office on Wall Street. The office was directed by Ettore Lolli, an expert on the United States, where he had taken refuge in 1938. In 1951, it established a US subsidiary, The Italian Economic Corporation of New York (TIEC), to help Italian businesses in the US. TIEC also represented several large Italian companies, such as ENI, the Italian national oil company. [5]

Lolli was longtime No. 2 man and heir apparent an the BNL. He resigned in 1966 because of disagreement between the Christian Democrats and Socialists over who would be officially tapped to run Italy's biggest financial institution once Imbriani Longo retired. The Christian Democrats favored Lolli, who had the backing of such important moneymen as Bank of Italy Governor Dr. Guido Carli and Treasury Minister Emilio Colombo. Due to the political disagreement, Lolli failed to get the top job.[6]

Ras

Lolli became CEO of the insurance company Ras 1967-1982.[7][8]

In 1970, he managed to bring the the Rothschilds and the Rockefellers together, joined in a new European mutual fund called the 3-R Fund. A quarter of the control was held by N.M. Rothschild & Sons, the London bank that represents the British branch of the family. Another 25% was held by IBEC (International Basic Economy Corp.), a publicly owned U.S. development company that is controlled by the Rockefeller family. The third R in the new fund, and owner of 50% of the stock, was the powerful Italian insurance company R.A.S.[9]


 

Event Participated in

EventStartEndLocation(s)Description
Bilderberg/196420 March 196422 March 1964US
Virginia
Williamsburg		A year after this meeting, the post of GATT/Director-General was set up, and given Eric Wyndham White, who attended the '64 meeting. Several subsequent holders have been Bilderberg insiders, only 2 are not known to have attended the group.
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References

  1. ↑ https://time.com/archive/6630473/italy-battle-at-the-bank/
  2. ↑ a b https://www.senato.it/documenti/repository/relazioni/archiviostorico/commissioni/X%20LEG_COMM.INCH.%20BNL-ATLANTA/X_%20LEG_INCH.%20BNL-ATLANTA_19_4.12.91.pdf page 17
  3. ↑ https://usa.bnpparibas/app/uploads/sites/9/2021/09/the-history-of-bnp-paribas-in-the-us-final.pdf
  4. ↑ https://iris.unimol.it/retrieve/dfbd111e-17a8-d2a0-e053-3705fe0a5a7e/Tesi_I_Pasquetti.pdf
  5. ↑ a b https://usa.bnpparibas/app/uploads/sites/9/2021/09/the-history-of-bnp-paribas-in-the-us-final.pdf
  6. ↑ https://time.com/archive/6630473/italy-battle-at-the-bank/
  7. ↑ http://www.brand-identikit.it/articoli/ras
  8. ↑ https://mappastorica.intesasanpaolo.com/bank/detail/IT-ISP-MAPPAITALIA-0000154/istituto-bancario-italiano-ibi
  9. ↑ https://time.com/archive/6838143/investment-joining-the-first-families/
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