|
European Financial Services Roundtable
The European Financial Services Round Table (EFR) brings together chairmen and chief executives of leading European banks and insurance companies. The purpose of the EFR is to contribute to the European public policy debate on issues relating to financial services and to the financial stability with the completion of the single market in financial services. Paul Achleitner is Chairman of the EFR. The EFR is also engaged in the lessons to be drawn from the financial crisis to render the financial system more resilient. The EFR deals in particular with the global G20 agenda, regulation and supervision, consumer protection and pensions. Current priorities are the Growth & Investment Agenda, the Digital Agenda & Cyber Security, Sustainable finance & Climate Change, Prudential Regulation The EFR has published, inter alia, positions, reports and press releases on those priority issues as well as on a wide range of topics such as European retail market, G20 agenda, the integration of pens ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Achleitner
Paul M. Achleitner (born 28 September 1956, in Linz) is an Austrian businessman who served as chairman of the supervisory board of Deutsche Bank from 2012 to 2022. Education Achleitner studied Business Administration, Economics, Law and Social Sciences at the University of St. Gallen, where he also earned his doctorate. He was also a visiting fellowship at Harvard Business School from 1982 to 1984. Career Early career Achleitner worked for Bain and Company and as the managing director of the German subsidiary of Goldman Sachs. In 2000, Achleitner joined Allianz AG as chief financial officer, where he was primarily responsible for finance and investments. He left Allianz in 2012. Deutsche Bank, 2012–2022 after his appointment to the chairman of the supervisory board of Deutsche Bank. He retained the support of the bank's biggest shareholder, Qatari Sheikh Hamad bin Jassim bin Jaber Al Thani, and, in 2017, shareholders backed Achleitner's re-election to a second five-year term. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prudential Plc
Prudential plc is a British multinational insurance company headquartered in London, England. It was founded in London in May 1848 to provide loans to professional and working people. Prudential has dual primary listings on the London Stock Exchange and Hong Kong Stock Exchange, and is a constituent of the FTSE 100 Index. It also has secondary listings on the New York Stock Exchange and Singapore Exchange. History Early history The company was founded in Hatton Garden in London in May 1848 as The Prudential, Investment, Loan, and Assurance Association and in September 1848 changed its name to The Prudential Mutual Assurance, Investment, and Loan Association, to provide loans to professional and working people. In 1854, the company began selling the relatively new concept of Industrial Branch insurance policies to the working class population for premiums as low as one penny a week through agents acting as door to door salesmen. The army of premium collection agents was for m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Organizations
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 asses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inter-Alpha Group Of Banks
The Inter-Alpha Group of Banks was created in 1971 by six banks in the European Community to provide a platform for the regular exchange of ideas and to explore areas for cooperation between its member banks. The group is a non-hierarchical association and is maintained by mutual agreement with each bank retaining full autonomy and independence. It was one of the banking clubs set up during the 1960s and 1970s when a number of European banks attempted to cooperate at an international level. Function The group's function has evolved to: * Provide a platform for the regular exchange of ideas at the executive and senior management level * Allow specialists to meet and discuss topics of particular interest * Establish areas of cooperation, particularly in international trade * Train bank management through annual Inter-Alpha Banking School and annual Inter-Alpha Banking Management Programme at INSEAD at Fontainebleau near Paris * Create a framework for individual banks within th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Market
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets as commodities. The term "market" is sometimes used for what are more strictly ''exchanges'', organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), JSE Limited (JSE), Bombay Stock Exchange (BSE) or an electronic system such as NASDAQ. Much trading of stocks takes place on an exchange; still, corporate actions (merger, spinoff) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell the stock from the one to the other without using an exchange. Trading of currencies and bonds is largely on a bilateral basis, although some ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Association For Financial Markets In Europe
The Association for Financial Markets in Europe (AFME) is an industry advocacy organization that represents wholesale market participants in Europe, including the European Union and the United Kingdom. It was formed in 2009 by the merger of the London Investment Banking Association and the European activities of the U.S.-based Securities Industry and Financial Markets Association. At the same time, the Global Financial Markets Association was created to represent the securities and financial markets industry at the international level. AFME's policy positions have been frequently mentioned in media coverage on financial services policy in the European Union and United Kingdom. Senior financial policymakers have regularly spoken at AFME events, e.g. European Commissioner Mairead McGuinness and Bank of England deputy governor Jon Cunliffe. AFME generated controversy in 2019 when hiring , the former executive director of the European Banking Authority, as its Chief Executive. Chie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zurich Insurance
Zurich Insurance Group Ltd is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. As of 2021, the group is the world's 112th largest public company according to ''Forbes'' Global 2000s list, and in 2011 it ranked 94th in Interbrand's top 100 brands. Zurich is a global insurance company which is organized into three core business segments: General Insurance, Global Life and Farmers. Zurich employs 55,000 people, with customers in 215 countries and territories. The company is listed on the SIX Swiss Exchange. As of 2012, it had shareholders' equity of $34.494 billion.ZIG profile , zurich.com; accessed 27 April 2014. Company history Zurich Insurance Company (1872–1998) The company was founded in 1 ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UniCredit
UniCredit S.p.A. is an international banking group headquartered in Milan. It is Italy's only systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was formed through the merger of Credito Italiano and Unicredito in 1998 but has a corporate identity stretching back to its first foundation in 1870 as Banca di Genova. UniCredit is listed on the Milan and Frankfurt stock exchanges, is a constituent stock of the Euro Stoxx 50 index of leading shares. With corporate & investment banking, commercial banking and wealth management operations, Unicredit is a pan-European bank with a strong presence in Western, Central and Eastern Europe. Through its European banking network, it provides access to market-leading products and services in 13 core markets (Italy, Germany as HypoVereinsbank, Austria as Bank Austria and eleven Central and Eastern European countries. History Founding through merg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss Re
Swiss Reinsurance Company Ltd, Swiss Re. Retrieved on 18 January 2011. "Swiss Reinsurance Company Ltd ("Swiss Re") .. and "Swiss Reinsurance Company Ltd, Mythenquai 50/60, 8022 Zurich, Switzerland ("Swiss Re" Disclosure notification in accordance with Article 20 of the Swiss Stock Exchange Act " Swiss Re. 2 August 2007. Retrieved on 18 January 2011. "Die Schweizerische Rückversicherungs-Gesellschaft (Swiss Re) teilt mit, .. commonly known as Swiss Re, is a |
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 Industr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_01.jpg "Click for more on -> Zurich Insurance")
