Banque De L'Union Parisienne
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Banque De L'Union Parisienne
The Banque de l'Union Parisienne (BUP) was a French investment bank, created in 1904 and merged into Crédit du Nord in 1973. History Société Française et Belge de Banque et d'Escompte From its inception, the Société Générale de Belgique (SGB) had a branch in Paris. This was later restructured as a banking subsidiary, called the (), of which the SGB held three-quarters of the capital. Banque Parisienne The was founded in 1874 and mainly engaged in discounting commercial paper. In the financial and economic crisis of the late 1880s, it ran into liquidity problems, which were resolved by an injection of cash from the Société Générale de Belgique. With this new partner, the Banque Parisienne moved into the business of launching and trading securities for French companies, mostly based in Paris, for companies in countries such as Portugal and China, and for governments. The business proved profitable, but the company lacked the capital needed for faster growth. Banq ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the ÃŽle-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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Citroën
Citroën () is a French automobile brand. The "Automobiles Citroën" manufacturing company was founded in March 1919 by André Citroën. Citroën is owned by Stellantis since 2021 and previously was part of the PSA Group after Peugeot acquired 89.95% share in 1976. Citroën's head office is located in the Stellantis Poissy Plant in Saint-Ouen-sur-Seine since 2021 (previously in Rueil-Malmaison) and its offices studies and research in Vélizy-Villacoublay, Poissy (CEMR), Carrières-sous-Poissy and Sochaux-Montbéliard. In 1934, the firm established its reputation for innovative technology with the Citroën Traction Avant, Traction Avant. This was the world's first car to be mass-produced with front-wheel drive, four-wheel independent suspension, as well as unibody construction, omitting a separate chassis, and instead using the body of the car itself as its main load-bearing structure. In 1954, they produced the world's first hydropneumatic self-levelling suspension system then, ...
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Imperial Ottoman Bank
The Ottoman Bank ( tr, Osmanlı Bankası), known from 1863 to 1925 as the Imperial Ottoman Bank (french: Banque Impériale Ottomane, ota, بانق عثمانی شاهانه) and correspondingly referred to by its French acronym BIO, was a bank that played a major role in the financial history of the Ottoman Empire. By the early 20th century, it was the dominant bank in the Ottoman Empire, and one of the largest in the world. It was founded in 1856 as a British institution chartered in London, and reorganized in 1863 as a French-British venture with head office in Constantinople, on a principle of strict equality between British and French stakeholders. It soon became dominated by French interests, however, primarily because of the greater success of its offerings among French savers than British ones. In its early years, the BIO was principally a lender to the Ottoman government with a monopoly on banknote issuance and other public-interest roles, including all treasury operati ...
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Banque De Syrie
The Bank of Syria and Lebanon, from 1919 to 1924 ''Banque de Syrie'', from 1924 to 1939 ''Banque de Syrie et du Grand-Liban'', then ''Banque de Syrie et du Liban'' (BSL) from 1939 to 1963, was a French bank that was carved out from the Imperial Ottoman Bank following World War I and granted a central banking role in what would become Syria and Lebanon under French mandate and in the early years of the two countries' independence. The BSL's activities in Syria were nationalized in 1956 following the Suez Crisis. In Lebanon, it was reorganized in 1963 as its central banking functions became the country's central bank, the Banque du Liban, and its commercial activity was continued as the Beirut-incorporated ''Société Nouvelle de la Banque de Syrie et du Liban'' (SNBSL). That bank came under Lebanese ownership in 1987 and was rebranded BSL Bank in 2012. History Background The Ottoman Bank opened a branch in Beirut immediately after its creation in 1856. It was reorganized i ...
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Banque Franco-Serbe
The Banque Franco-Serbe (BFS, "French-Serbian Bank") was a French bank founded in 1910 to support French projects in the Kingdom of Serbia. It was a major financial institution in Serbia, then the Kingdom of Serbs, Croats and Slovenes and Kingdom of Yugoslavia until World War II. History The Banque Franco-Serbe was created in 1910 by a group of French-linked financial institutions, mainly the Imperial Ottoman Bank of Constantinople (known by its French acronym BIO), the Banque de l'Union parisienne (BUP) of Paris, and the of Brussels, the latter of which had been created by the BIO in 1896 to support markets for Ottoman securities in which it had troubled exposures. The Paris-based Société Générale and Bardac family bank also participated. While the BFS's registered head office was in Paris, its general management was located at the branch in Belgrade from the start; it also soon opened an office in London. At its creation, it was the only large commercial bank in Serbia, ...
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Crédit Industriel Et Commercial
The Crédit Industriel et Commercial (CIC, "Industrial and Commercial Credit Company") is a bank and financial services group in France, founded in 1859. It has been majority owned by Crédit Mutuel, one of the country's top five banking groups, since 1998, and fully owned since 2017. History Creation and independent development The was founded on , mainly on the initiative of banker who was supported by the politically influential Charles de Morny, Duke of Morny, Duke of Morny, as a competitor to the Pereire brothers's Crédit Mobilier on the model of successful British depository banks such as the London and Westminster Bank. The new bank was initially located in a hotel at 57, rue Taitbout, and in January 1860 purchased a mansion at 66, rue de la Chaussée d'Antin, in whose garden it erected a commercial building (no longer extant) that was completed in November 1861. That facility was accessible from No. 72, rue de la Victoire, and the CIC would remain known as the "bank ...
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Édouard-Jean Empain
Édouard-Jean, 3rd Baron Empain (7 October 1937 – 21 June 2018) was a French-Belgian industrialist, best known by the general public for his kidnapping in 1978. Between 1969 and 1981, Baron Empain was CEO of the Schneider group ( Schneider-Empain). The Baron was the son of Jean, 2nd Baron Empain, and the grandson of Édouard Louis Joseph, 1st Baron Empain. He married the Italian Silvana Betuzzi in 1957 by whom he had two daughters and a son: they were divorced shortly after Empain's kidnapping. He lived in the suburbs of Paris with his second wife Jacqueline (née Ragonaux), a former model, whom he married in 1990. Kidnapping At the time of his kidnapping, Édouard-Jean Empain was the 40-year-old heir to a substantial fortune, a notable industrialist and the director of the Schneider group since 1969. He was one of France's captains of industry, heading a group that comprised almost 150 companies and 130,000 employees, with an annual turnover of 25 billion francs. Not ...
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Henri Lafond
Henri Lafond (20 August 1894 – 6 March 1963) was a French mining engineer and businessman who headed or sat on the board of numerous large companies and was involved in various industrial associations and committees both before and after World War II (1939–45). During the war he held a senior position in the Vichy government's Ministry of Industrial Production from 1940 to 1942. He was assassinated in March 1963, apparently by an OAS member due to his refusal to support the movement to oppose Algerian independence. Early years (1894–1939) Henri Lafond was born on 20 August 1894 in Thaumiers, Cher. His parents were Joseph Lafond, a tobacconist, and Juliette Alexandrine Guénard. His father was the son of a laborer. Henri Lafond studied at the Thaumiers commune school, then at the Bourges ''lycée''. He entered the École Polytechnique in 1914. He was described as having brown hair, vertical brow, straight nose, chestnut eyes, oval face, height . Lafond was awarded the Croix d ...
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Compagnie Algérienne
The ''Compagnie Algérienne'', from 1942 o 1948 ''Compagnie Algérienne de Crédit et de Banque'' ("Algerian Credit and Banking Company"), was a significant French bank with operations in Algeria, Morocco, Tunisia and Lebanon as well as mainland France. It was formed in 1877 in a restructuring of its predecessor entity, the ''Société Générale Algérienne'' ("General Algerian Company"), itself founded in 1865-68. The Compagnie Algérienne eventually merged in 1960 with the Banque de l'Union Parisienne. Following a series of subsequent restructurings, its main successor entities as of 2022 are the Crédit du Nord in France, the in Algeria, the Banque de Tunisie in Tunisia, Attijariwafa Bank in Morocco, and the Banque Libano-Française in Lebanon. Société Générale Algérienne The (SGA) was created in Paris on , at a time of ambitious outward-oriented French business initiatives such as the Suez Company (est. 1858) or Imperial Ottoman Bank (est. 1863 with British partn ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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