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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] |
Banque Nationale De Paris
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] |
Jean-Laurent Bonnafé
Jean-Laurent Bonnafé (born 14 July 1961) has been serving as chief executive officer of BNP Paribas since 2011. Early life and education The son of an Électricité de France (EDF) electrical engineer and a lawyer in Albi, Bonnafé attended the Lycée Louis-le-Grand and later graduated in engineering from the École Polytechnique and École des Mines. Career Following his studies, Bonnafé joined the Ministry of Industry before moving into private equity and then BNP in 1993. At BNP, he formulated the bank’s double bid for Société Générale (SocGen) and Paribas in 1999, which ended with BNP winning the latter but forced to drop its offer for SocGen. He was widely credited with implementing the acquisitions of Paribas, BNL and Fortis. In 2011, Bonnafé was appointed as chief executive, taking over from Baudouin Prot. In 2017, his compensation was at $4.5 million. Other activities Corporate boards * Banca Nazionale del Lavoro, Member of the Board of Directors (since 2009) * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNCI
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 wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boulevard Des Italiens
The boulevard des Italiens is a boulevard in Paris. It is one of the 'Grands Boulevards' in Paris, a chain of boulevards built through the former course of the Wall of Charles V and the Louis XIII Wall, which were destroyed by the orders of Louis XIV. The origin of the name is the théâtre des Italiens built on it in 1783, shortly before the French Revolution on the site now occupied by the third Salle Favart. History The boulevard's former names were: *''boulevard Neuf'' (= New boulevard) *''boulevard du Dépôt'' (boulevard of the barrack), because of a barrack installed in 1764 on the corner of rue de la Chaussée-d'Antin *''boulevard de la Chaussée-d'Antin'' *''boulevard Cerutti'' with the name of an hôtel on the boulevard (during the French Revolution) *''le petit Coblence'' ("little Koblenz") after 1795, since many émigrés returning to France during the French Directory gathered on it (Koblenz had been a popular exile destination for them) *''boulevard de Gand'', on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Comptoir National D'escompte De Paris
The Comptoir national d'escompte de Paris (CNEP), from 1854 to 1889 Comptoir d'escompte de Paris (CEP), was a major French bank active from 1848 to 1966. The CEP was created by decree on 10 March 1848 by the French Provisional Government, in response to the disruption caused to the prior French credit system by the February revolution. It grew in France and overseas, collapsed in 1889, and was soon reformed as CNEP. It was nationalized in 1945 together with other major French depository banks. In 1966 it merged with Banque nationale pour le commerce et l'industrie to form Banque Nationale de Paris. Background The revolution of February 1848 caused a general failure of confidence in paper assets such as shares, bonds and bank deposits, and a rush to convert these assets to gold and silver. The Provisional Government was forced into emergency measures such as suspending payment on maturing treasury bonds, closing the stock market, forcing acceptance of banknotes and restricting ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Stability Board
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland, and is established as a not-for-profit association under Swiss law. The FSB represented the G20 leaders' first major international institutional innovation. U.S. Treasury Secretary Tim Geithner has described it as "in effect, a fourth pillar" of the architecture of global economic governance. The FSB has been assigned a number of important tasks, working alongside the International Monetary Fund, World Bank, and the World Trade Organization. Unlike most multilateral financial institutions, the FSB lacks a legal form and any formal power, given ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Systemically Important Financial Institution
A systemically important financial institution (SIFI) is a bank, insurance company, or other financial institution whose failure might trigger a financial crisis. They are colloquially referred to as "too big to fail". As the financial crisis of 2007–2008 unfolded, the international community moved to protect the global financial system through preventing the failure of SIFIs, or, if one does fail, limiting the adverse effects of its failure. In November 2011, the Financial Stability Board (FSB) published a list of global systemically important financial institutions (G-SIFIs). Also in November 2010, the Basel Committee on Banking Supervision (BCBS) introduced new guidance (known as Basel III) that also specifically target SIFIs. The main focus of the Basel III guidance is to increase bank capital requirements and to introduce capital surcharges for G-SIFIs. However, some economists warned in 2012 that the tighter Basel III capital regulation, which is primarily based on risk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA), respectively. HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2022, it was ranked no. 38 in the world in the Forbes rankings of large companies ranked by sales, profits ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Market Index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. For a list of major stock market indices, see List of stock market indices. Types of indices by weighting method Stock market indices could be segmented by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight both covers the sam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
