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Crédit Commercial De France
The ''Crédit Commercial de France'' (CCF, "Commercial Credit ompanyof France") is a commercial bank in France, founded in 1894 as the ''Banque Suisse et Française'' and renamed to CCF in 1917. By the end of the 1920s, it had grown to be the sixth largest bank in France. Its brand was eclipsed between 2005 and 2022 under HSBC ownership, but is set to be revived by the bank's new owner Cerberus Capital Management. History Banque Suisse et Française Financiers Ernest Méjà and Benjamin Rossier founded the (BSF, "Swiss and French Bank") at 27, rue Laffite in Paris, on . They had previously worked together for the Swiss , whose Paris branch formed the initial core of the new venture. Méjà remained as joint managing director of the bank with Rossier until his death in 1910. Rossier then continued to run the bank until his retirement in 1936. From its early days, the BSF took an active interest in commerce and industry. A successful working relationship was developed with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Riviera
The French Riviera (known in French as the ; oc, Còsta d'Azur ; literal translation " Azure Coast") is the Mediterranean coastline of the southeast corner of France. There is no official boundary, but it is usually considered to extend from Toulon, Le Lavandou or Saint-Tropez in the west to Menton at the France–Italy border in the east."Côte d'Azur, côte méditerranéenne française entre Cassis et Menton" ("Côte d'Azur, French Mediterranean coast between Cassis and Toulon") in ''Dictionnaire Hachette encyclopédique'' (2000), p. 448."Côte d'Azur, Partie orientale du littoral français, sur la Méditerranée, de Cassis à Menton" ("Côte d'Azur, Eastern part of the French coast, on the Mediterranean, from Cassis to Menton"), in ''Le Petit Larousse illustré'' (2005), p. 1297. The coast is entirely within the Provence-Alpes-Côte d'Azur region of France. The Principality of Monaco is a semi-enclave within the region, surrounded on three sides by France and fronting the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maurice Koechlin
Maurice Koechlin (8 March 1856 – 14 January 1946) was a Franco- Swiss structural engineer from the Koechlin family. Life A member of the renowned Alsatian Koechlin family, he was born in Buhl, Haut-Rhin, the son of Jean Koechlin and his wife Anne Marie (Anaïs), née Beuck. He was the first cousin once removed of André Koechlin, and the great-grandfather of actress Kalki Koechlin. When France lost the Franco-Prussian war to Prussia in 1870/1871 the entire Koechlin family decided to become citizens of Switzerland and thus dropped French citizenship. After the defeat of the German Empire in 1918, however, the Koechlin family again applied for French citizenship. Maurice attended the lycée in Mulhouse, then between 1873 and 1877 studied civil engineering at the Polytechnikum Zürich under Carl Culmann. In 1876 he became a citizen of Zurich ("''Zürcher Bürger''") Between 1877 and 1879 he worked for the French railway company "''Chemin de Fer de l'Est''". Much of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC Continental Europe
HSBC Continental Europe (formerly HSBC France SA) is a subsidiary of HSBC, headquartered in the 8th arrondissement of Paris. History It was formed on 1 November 2005 when HSBC rebranded CCF S.A. (Crédit Commercial de France), together with its subsidiaries UBP, Banque de Picardie and Banque Hervet. HSBC had acquired CCF in 2000; the bank changed its name to HSBC S.A. and then to HSBC France. About half of the former networks of CCF - Union de Banques à Paris, Banque Hervet, Banque de Picardie and Banque de Baecque Beau - now trade as HSBC. This represents a 380 strong network of branches in France with a very strong presence in the Paris region. Other group operations in France include a significant HSBC Private Bank presence, along with a major Corporate Institutional Banking and Markets operation. The Paris trading floor is the Group's second-largest trading floor in Europe. Specific areas of particular expertise and responsibility are the trading of government bonds a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque De Baecque Beau
The Banque de Baecque Beau was a French bank that now is subsumed in HSBC France. In 1837, two traders, Camille Cailliez and Charles de Baecque, established a partnership to engage in negotiating commissions on merchandise and in banking affairs. In 1846 the partners brought in Alexis Beau and began operating under the name Cailliez, de Baecque et Beau. The partnership narrowed its focus to banking activities, primarily discount transactions. Its name changed once again in the 19th century, to Banque de Baecque, Beau et Lantin, when it added Maurice Lantin as a partner. After World War II the bank adopted the name Banque de Baecque Beau (BBB). In 1991, Banque Hervet acquired a 67% stake in Banque de Baecque Beau. Under the terms of the agreement, the Baecque and Beau families sold their combined 55% stake to Hervet, and L'Lione Finance saw its stake in the bank fall to 33% with the sale to Hervet of a 12% stake. In addition, Christian de Baeque agreed to remain president of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euronext
Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, derivatives, commodities, foreign exchange as well as indices. In December 2021, it had nearly 2,000 listed issuers worth €6.9 trillion in market capitalisation. Euronext is the largest center for debt and funds listings in the world, and provides technology and managed services to third parties. In addition to its main regulated market, it operates Euronext Growth and Euronext Access, providing access to listing for small and medium-sized enterprises. Euronext's commodity market includes the electric power exchange Nord Pool, as well as Fish Pool. Post-trade services include clearing performed by Euronext's multi-asset clearing house, Euronext Clearing, as well as custody and settlement performed by Euronext's central securities depo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assets
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: Tangible property, tangible assets and intangible assets. Tangible ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Branches
A branch, sometimes called a ramus in botany, is a woody structural member connected to the central trunk of a tree (or sometimes a shrub). Large branches are known as boughs and small branches are known as twigs. The term ''twig'' usually refers to a terminus, while ''bough'' refers only to branches coming directly from the trunk. Due to a broad range of species of trees, branches and twigs can be found in many different shapes and sizes. While branches can be nearly horizontal, vertical, or diagonal, the majority of trees have upwardly diagonal branches. A number of mathematical properties are associated with tree branchings; they are natural examples of fractal patterns in nature, and, as observed by Leonardo da Vinci, their cross-sectional areas closely follow the da Vinci branching rule. Terminology Because of the enormous quantity of branches in the world, there are numerous names in English alone for them. In general however, unspecific words for a branch (such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatised
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Government
The Government of France ( French: ''Gouvernement français''), officially the Government of the French Republic (''Gouvernement de la République française'' ), exercises executive power in France. It is composed of the Prime Minister, who is the head of government, as well as both senior and junior ministers. The Council of Ministers, the main executive organ of the Government, was established in the Constitution in 1958. Its members meet weekly at the Élysée Palace in Paris. The meetings are presided over by the President of France, the head of state, although the officeholder is not a member of the Government. The Government's most senior ministers are titled as ministers of state (''ministres d'État''), followed in protocol order by ministers (''ministres''), ministers delegate (''ministres délégués''), whereas junior ministers are titled as secretaries of state (''secrétaires d'État''). All members of the Government, who are appointed by the President following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalised
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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