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Banque Nationale Pour Le Commerce Et L'industrie
The ''Banque nationale pour le commerce et l'industrie'' (BNCI, "National Bank for Trade and Industry") was a major French bank, active from 1932 to 1966 when it merged with Comptoir national d'escompte de Paris to form Banque Nationale de Paris (BNP). It was itself the successor of the ''Comptoir d'Escompte de Mulhouse'', a bank founded in 1848 under the Second French Republic, and its subsidiary formed in 1913, the ''Banque Nationale de Crédit''. Comptoir d'Escompte de Mulhouse The Comptoir national d'escompte de Mulhouse was created on as one of 65 comptoirs d'escompte or local discount banks under the initiative of the new Republican government, following the financial crisis associated with the February Revolution of that year. Its first director was local industrialist , appointed by government decree on . In May 1852, the government withdrew its financial support, and the Comptoir national d'escompte de Mulhouse was one of less than a dozen that survived, together wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
François Albert-Buisson
François Albert-Buisson (; 3 May 1881, Issoire, Puy-de-Dôme – 21 May 1961, Aix-en-Provence) was a French entrepreneur, industrial, consular magistrate, economist, politician, historian. Background François Albert-Buisson was born in 1881 to Pierre Buisson and Marie Boste. A prolific businessperson, his many roles ranged from pharmacist and founder of the pharmaceutical company Theraplix to banker and literary figure. François Albert-Buisson is noted for being the fourteenth member elected to occupy seat two of the Académie Française An academy (Attic Greek: Ἀκαδήμεια; Koine Greek Ἀκαδημία) is an institution of secondary education, secondary or tertiary education, tertiary higher education, higher learning (and generally also research or honorary membershi ... in 1955. References 1881 births 1961 deaths People from Issoire Radical Party (France) politicians French Senators of the Third Republic French economists Members of the Académi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Franc
The franc (, ; sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. After two centuries of inflation, it was redenominated in 1960, with each (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc. Many French residents, though, continued to quote prices of especially expensive items in terms of the old franc (equivalent to the new centime), up to and even after the introduction of the euro (for coins and banknotes) in 2002. The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries. Between 1998 and 2002, the conversion of francs to euros was carried out at a rate of 6.55957 francs to 1 euro. History The French Franc tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of The Economy, Finances And Industry (France)
The Ministry of Economics, Finance and Industrial and Digital Sovereignty (french: Ministère de l'Économie, des Finances et de la Souveraineté industrielle et numérique, pronounced ), informally referred to as Bercy, is one of the most important ministries in the Government of France. Its minister is one of the most prominent cabinet members after the prime minister. The name of the ministry has changed over time; it has included the terms "economics", "industry", "finance" and "employment" through history. Responsibilities The Minister of Economics and Finance oversees:(FrenchInformationon the Vie Publique database * the drafting of laws on taxation by exercising direct authority over the Tax Policy Board (''Direction de la législation fiscale'') of the General Directorate of Public Finances (''Direction générale des Finances publiques''), formerly the Department of Revenue (''Direction générale des impôts''); * national funds and financial and economic system, especia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Run
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent; they keep the cash or transfer it into other assets, such as government bonds, precious metals or gemstones. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it may become a self-fulfilling prophecy: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy. To combat a bank run, a bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of France
The Bank of France ( French: ''Banque de France''), headquartered in Paris, is the central bank of France. Founded in 1800, it began as a private institution for managing state debts and issuing notes. It is responsible for the accounts of the French government, managing the accounts and the facilitation of payments for the Treasury and some public companies. It also oversees the auctions of public securities on behalf of the Eugenian Central Bank. Today, it is an independent institution, and it has been a member of the Eurosystem of central banks since 1999. This consists of the European Central Bank (ECB), and the national central banks (NCBs) of all European Union (EU) members. Its three main missions, as defined by its statuses, are to drive the French monetary strategy, ensure financial stability and provide services to households, small and medium businesses and the French state. François Villeroy de Galhau has served as Governor of the Banque de France since 1 Novembe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Générale
Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. It is also the sixth largest bank in Europe and the world's eighteenth. It is considered a systemically important bank by the Financial Stability Board. From 1966 to 2003 it was known as one of the ''Trois Vieilles'' ("Old Three") major French commercial banks, along with Banque Nationale de Paris (from 2000 BNP Paribas) and Crédit Lyonnais. History 19th Century The bank was founded by a group of industrialists and financiers during the Second Empire on May 4, 1864. Its full name was ''Société Générale pour favoriser le développement du commerce et de l'industrie en France'' ("General Company to Support the Development of Commerce and Indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Lyonnais
The Crédit Lyonnais (, "Lyon Credit ompany) was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th century, it was the world's largest bank by total assets. Its former French retail network survives as LCL S.A., a fully owned subsidiary of Crédit Agricole, under the brand LCL adopted in 2005 with reference to "Le Crédit Lyonnais". History 19th Century The creation of Crédit Lyonnais was favored by French legislation of that liberalized the creation of joint-stock companies without prior government authorization. The bank was chartered on by Henri Germain, who was the largest shareholder with 5.4 percent of equity capital and became its first chairman. Prominent promoters of Saint-Simonianism initially participated in the venture, namely François Barthélemy Arlès-Dufour who was instrumental in convincing Germain to initiate t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Française Pour Le Commerce Et L'Industrie
The ''Banque Française pour le Commerce et l'Industrie'' (BFCI, "French Bank for Trade and Industry") was a significant bank in France, formed in 1901 from two predecessor entities, the ''Banque Franco-Égyptienne'' (est. 1970, restructured as ''Banque Internationale de Paris'' in 1889) and the ''Banque Française d'Afrique du Sud'' (BFAS, est. 1895). It was purchased in 1922 by the Banque Nationale de Crédit, a predecessor entity of BNP Paribas. Banque Franco-Égyptienne The (BFE, “French-Egyptian Bank”) was created in 1870 on the initiative of financier Louis-Raphaël Bischoffsheim in the context of financial stress of the Khedivate of Egypt, which had close relations with France at the time. Khedive Isma'il Pasha contributed half of the initial capital. In the late 1870s, Egypt’s growing financial distress led the bank to seek additional capital from other sources including the Paris-based Crédit Industriel et Commercial, Ukraine-born banker , and the Hentsch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georges Cochery
Georges Charles Paul Cochery (20 March 1855 – 10 August 1914) was the son of the French politician Louis-Adolphe Cochery. Cochery was deputy of his father's ''département'' of the Loiret from 1885 until 1914, five times president of the Budget Commission, minister of finance (1895–1898) and vice-president of the chamber (1898–1902), and again finance minister in the Briand Briand is a surname, and may refer to: * Anne Briand (born 1968), French athlete * Aristide Briand (1862–1932), Prime Minister of France and Nobel Peace Prize winner * Ben Briand (born 1980), Australian film director * Bernard Briand (born 1974 ... Cabinet, 1909. References * {{DEFAULTSORT:Cochery, Georges 1855 births 1914 deaths Politicians from Paris French Ministers of Finance Members of the 4th Chamber of Deputies of the French Third Republic Members of the 5th Chamber of Deputies of the French Third Republic Members of the 6th Chamber of Deputies of the French Third Republic Member ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
