As I’ve pointed out for years, the Bank for International Settlements (BIS) is owned by the world’s central banks, which are in turn owned by the big banks. See this and this.
It turns out there may be a very interesting wrinkle to the private ownership issue.
By way of background, BIS is often called the “central banks’ central bank”, as it coordinates transactions between central banks, and which is the entity determining the level of reserves banks are required to keep worldwide.
As Spiegel reported in 2009:
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