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BGL BNP Paribas
BGL BNP Paribas (formerly Banque Générale du Luxembourg or BGL) is a Luxembourgish bank founded on 29 September 1919. Since May 2009, the bank has been a member of the BNP Paribas group. It is the fifth-largest bank in the Grand Duchy of Luxembourg and is the country's second-largest employer."ArcelorMittal, BGL et Cactus sont les premiers employeurs du Luxembourg" ''Wort.lu'', 20 June 2011. Retrieved 8 September 2011. BGL BNP Paribas was ranked as the top bank in based on by |
BNP Paribas
BNP Paribas is a French international banking group, founded in 2000 from the merger between Banque Nationale de Paris (BNP, "National Bank of Paris") and Paribas, formerly known as the Banque de Paris et des Pays-Bas. The full name of the group's parent entity is BNP Paribas S.A. With 190,000 employees as of February 2021, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS), Investment & Protection Services (IPS) and Corporate & Institutional Banking (CIB). The group is listed on the first market of Euronext Paris and a component of the Euro Stoxx 50 stock market index, while it also included in the French CAC 40 index. BNP Paribas is the largest banking group in Europe, after HSBC, and ninth largest Banking group in the world, essentially a bulge bracket. It became one of the five largest banks in the world following the 2008 financial crisis. Despite some legal difficulties in 2014, including being fined the largest ever ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small landlocked country in Western Europe. It borders Belgium to the west and north, Germany to the east, and France to the south. Its capital and most populous city, Luxembourg, is one of the four institutional seats of the European Union (together with Brussels, Frankfurt, and Strasbourg) and the seat of several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority. Luxembourg's culture, people, and languages are highly intertwined with its French culture, French and German culture, German neighbors; while Luxembourgish is legally the only national language of the Luxembourgers, Luxembourgish people, French language, French and German language, German are also used in administrative and judicial ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tier 1 Capital
Tier 1 capital is the core measure of a bank's financial strength from a regulator's point of view.By definition of Bank for International Settlements. It is composed of ''core capital'', which consists primarily of common stock and disclosed reserves (or retained earnings), but may also include non-redeemable non-cumulative preferred stock. The Basel Committee also observed that banks have used innovative instruments over the years to generate Tier 1 capital; these are subject to stringent conditions and are limited to a maximum of 15% of total Tier 1 capital. This part of the Tier 1 capital will be phased out during the implementation of Basel III. Capital in this sense is related to, but different from, the accounting concept of shareholders' equity. Both Tier 1 and Tier 2 capital were first defined in the Basel I capital accord and remained substantially the same in the replacement Basel II accord. Tier 2 capital represents "supplementary capital" such as undisclosed r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Banker
''The Banker'' is an English-language monthly international financial affairs publication owned by ''The Financial Times'' Ltd. and edited in London, United Kingdom. The magazine was first published in January 1926 through founding Editor, Brendan Bracken of the '' Financial News'', who went on to become the chairman of the ''Financial Times'' from 1945-1958. Since its founding, the magazine has claimed a dedication to the international perspective through features, interviews, multi-media applications, and events. ''The Banker'' is the world’s premier banking and finance resource, read in over 120 countries and is the key source of data and analysis for the industry. It combines in-depth regional and country coverage with reports on global financial markets, regulation and policy, cash management and securities services, commodities and carbon finance Carbon finance is a branch of environmental finance that covers financial tools such as carbon emission trading to reduce the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Générale De Belgique
The ' ( nl, Generale Maatschappij van België; literally "General Company of Belgium") was a large Belgian bank and later holdings company which existed between 1822 and 2003. The ''Société générale'' was originally founded as an investment bank by William I of the Netherlands in 1822 when Belgium was under Dutch rule. After the Belgian Revolution in 1830, it served as the national bank until 1850. Its investments in the national economy contributed to the rapidity of the Industrial Revolution in the region. As a holding company, the ''Société générale'' exercised considerable indirect control over the Belgian and colonial economy. Various elements of the company, including its banking wing, were split off over the course of its existence. In the 1980s, Suez begun to buy up the company's shares and, in 1998, the ''Société générale'' was taken over by Suez Lyonnaise des Eaux. It ceased to exist in 2003 when it was merged with Tractebel to form Suez-Tractebel. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arlon
Arlon (; lb, Arel ; nl, Aarlen ; german: Arel ; wa, Årlon; la, Orolaunum) is a city and municipality of Wallonia located in and capital of the province of Luxembourg in the Ardennes, Belgium. With a population of just over 28,000, it is the smallest provincial capital in Belgium. Arlon is also the capital of its cultural region: the Arelerland (Land of Arlon in Luxemburgish). The municipality consists of the following districts: Arlon, Autelbas, Barnich, Bonnert, Guirsch, Heinsch, and Toernich. Other population centers include: * Autelhaut * Clairefontaine * Fouches * Frassem * Freylange * Hachy * Heckbous * Rosenberg * Sampont * Schoppach * Sesselich * Seymerich * Stehnen * Sterpenich * Stockem * Udange * Viville * Waltzing * Weyler * Wolberg History Roman and medieval times Before the Roman conquests of Gaul, the territory of Arlon and a vast area to the southeast were settled by the Treveri, a Celtic tribe. The local population adapted relatively easi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxembourg City
Luxembourg ( lb, Lëtzebuerg; french: Luxembourg; german: Luxemburg), also known as Luxembourg City ( lb, Stad Lëtzebuerg, link=no or ; french: Ville de Luxembourg, link=no; german: Stadt Luxemburg, link=no or ), is the capital city of the Grand Duchy of Luxembourg and the country's most populous commune. Standing at the confluence of the Alzette and Pétrusse rivers in southern Luxembourg, the city lies at the heart of Western Europe, situated by road from Brussels, from Paris, and from Cologne. The city contains Luxembourg Castle, established by the Franks in the Early Middle Ages, around which a settlement developed. , Luxembourg City has a population of 128,514 inhabitants, which is more than three times the population of the country's second most populous commune ( Esch-sur-Alzette). The city's population consists of 160 nationalities. Foreigners represent 70% of the city's population, whilst Luxembourgers represent 30% of the population; the number of foreign-bor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxembourg Stock Exchange
The Luxembourg Stock Exchange, LuxSE (french: Bourse de Luxembourg) is based in Luxembourg City at 35A boulevard Joseph II. The chairman of the board is Alain Kinsch and the chief executive officer is Julie Becker. The exchange has pre-opening sessions from 7:15am to 9:00am and normal trading sessions from 9:00am to 5:35pm from Monday to Friday included, except for holidays declared by the Exchange in advance. History A law establishing a stock exchange in Luxembourg was passed on 30 December 1927. /sup> The company was incorporated as ''Société Anonyme'''' de la Bourse de Luxembourg'' on 5 April 1928 /sup>, with an initial issue of 7,000 shares, each valued at 1000 francs. 0/sup> In March 2014, LuxSE moved to its new headquarters – the Aurora building– erected in line with the green construction concept. In 2015, the exchange celebrated the 10th anniversary of its Euro MTF Market. Agreements with other exchanges In November 2000, LuxSE signed a cooperation ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortis (finance)
Fortis, formally Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels. It grew rapidly through multiple acquisitions, and in 2007 was the 20th largest financial services business in the world by revenue. It was listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges. Fortis encountered severe problems in the financial crisis of 2008, not least as a consequence of participating in 2007 in the joint acquisition of ABN AMRO together with Royal Bank of Scotland Group and Banco Santander. It received an emergency bailout from the governments of Belgium and the Netherlands and was broken up soon thereafter. As a consequence: * Fortis Bank Nederland was nationalised by the Dutch government and merged in July 2010 with ABN AMRO's former Dutch operations, which had not yet been integrated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ArcelorMittal
ArcelorMittal S.A. is a Luxembourgian multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 88 million metric tonnes . It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs directly and indirectly 200,000 people and its market capital is $25 billion. The total value of company assets is estimated to be around $100 billion. Products and activities The company is involved in research and development, mining, and steel. ArcelorMittal in 2016 produced around 90 million tons of steel. As of May 2017, the company made 200 unique steel grades for automotive purposes, half of which were introduced since 2007. Among the steel varieties are Usibor 2000, which the company announced in June 2016 and released later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BGL Luxembourg Open
The Luxembourg Open, currently sponsored by BGL, is a women's tennis tournament held in Kockelscheuer, Luxembourg. Held since 1991, the tournament was an exhibition event (winners including Novotná, Navratilova and Appelmans) until 1995. After that, it became a WTA Tier III tournament, which it remained until 2004. In 2005, it was promoted to Tier II, marking the first such event to be held in Luxembourg. In 2008, the tournament was relegated to a Tier III event, before it became an International Series tournament in 2009. Kim Clijsters Kim Antonie Lode Clijsters (; born 8 June 1983) is a Belgian former professional tennis player. Clijsters reached the world No. 1 ranking in both singles and doubles, having held both rankings simultaneously in 2003. She won six major titles ... of Belgium holds the record of most singles wins: 5 (1999, 2001, 2002, 2003, 2005). No other player has won more than twice. Past finals Singles Doubles See also * List of tennis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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