Émile Moreau (banker)

Émile Moreau (29 September 1868 – 9 November 1950) was a French banker who served as Governor of the Bank of France from 1926 to 1930 and chairman of Paribas from 1931 to 1940.

His contribution to the Poincare Stabilization helped the French Franc to gain credibility in the 1920s following the Russian Default post the Bolshevik Revolution.

As such, he led efforts at the Bank for the stabilization of the Poincaré franc in 1926 and was an avid supporter of de facto devaluation.

[4] Moreau also advocated the accumulation of gold reserves in the years leading up to the Great Depression, as well as create a stabilization fund (fonds de stabilisation).

He sought to establish the Banque de France as an international leader in monetary policy, comparable to the likes of the Bank of England and the Reichsbank.