Pont-l'Abbé
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Pont-l'Abbé
Pont-l'Abbé (; , "Abbot's bridge") is a commune in the Finistère department of Brittany in north-western France. The self-styled capital of Pays Bigouden (roughly the region between the river Odet and the Bay of Audierne), Pont-l'Abbé was founded in the 14th century by a monk of Loctudy who built the first bridge across the river estuary, hence the name. The same monk also built the first castle. Geography Climate Pont-l'Abbé has a oceanic climate (Köppen climate classification ''Cfb''). The average annual temperature in Pont-l'Abbé is . The average annual rainfall is with November as the wettest month. The temperatures are highest on average in August, at around , and lowest in January, at around . The highest temperature ever recorded in Pont-l'Abbé was on 16 July 2006; the coldest temperature ever recorded was on 2 January 1997. Population Inhabitants of Pont-l'Abbé are called in French ''Pont-l'Abbistes''. Breton language The municipality launched a linguisti ...
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Jérôme Kerviel
Jérôme Kerviel (; born 1977) is a French rogue trader who was convicted and imprisoned in the 2008 Société Générale trading loss for breach of trust, forgery and unauthorized use of the bank's computers, resulting in losses valued at €4.9 billion. Early life Kerviel grew up Pont-l'Abbé, Brittany. His mother, Marie-Josée, is a retired hairdresser, and his father, Charles, was a blacksmith. He has an older brother, Olivier. Kerviel was married, but he and his wife separated in 2008. Kerviel graduated in 2000 from Lumière University Lyon 2 with a Master of Finance specializing in organization and control of financial markets. The university's financial program, which was initiated in the 1990s with the support of France's larger banks, was intended to prepare students for middle and back office positions in the trading departments of financial institutions. Prior to that he received a bachelor's degree in finance from the University of Nantes. During an i ...
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Pays Bigouden
Bigouden (Breton: ''Bro-Vigoudenn''; French: ''Pays Bigouden''), historically known as Cap Caval, is, along the Bay of Audierne, the most south-western area of ''Bro Kernev'' in Brittany, south-west of Quimper, defined since 1790 in the French department of Finistère. The designation was an informal label taken from the name of the distinctive headdress traditionally worn by the local women. ''Gallica''''Brittany & Its Byways p. 258''/ref> By the end of the 19th century, the name then slipped to designate the women of the area, then to describe all its inhabitants. It has since been formalised within the administration and promotion of the region. Geography This traditional area constitutes since French revolution a grouping of three cantons: Guilvinec, Pont-l'Abbé and Plogastel-Saint-Germain. Its capital is Pont-l'Abbé. The Bigouden is currently divided into two communities of communes: ''Communauté de communes du Pays Bigouden Sud'' and ''Communauté de communes du Haut Pay ...
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Vincent Riou
Vincent Riou (born 9 January 1972, Pont-l'Abbé, France) is a French sailor. He is the skipper of PRB, a 60-foot monohull. He won the 2004 edition of the Vendée Globe. Recent events As part of his introduction to solo racing he helped prepared Michel Desjoyeaux’s 60-foot PRB for the 2000 edition of the Vendée Globe. In the 2008 Vendée Globe, he lost his mast the day after a collision that occurred during the rescue of Jean Le Cam, whose boat had capsized. In the 2016 Vendée Globe, he sailed at a decent speed completing with front boats fitted with hydrofoils, but after 15 days 11 hours 58 minutes of racing and completing 27% of the whole race, he was forced to retire after another collision with a UFO. The almost exact same incident had happened to Vincent in the 2012–2013 Vendée Globe with that he is easily one of the most unfortunate sailors of the Vendée Globe. Honours * 2nd 1992 Challenge Credit Agricole * 1st 2003 Calais Round Britain Race * 1st 2004 Ve ...
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Loctudy
Loctudy (; ) is a fishing port and seaside resort in Brittany, France, at the mouth of the Pont-l'Abbé river estuary. The commune is in the Finistère department in northwestern France. Situated on the peninsula of Penmarc'h in the far southwestern part of Lower Brittany, it preserves elements of old Breton culture, and the Breton language is still in use. The name means "place or hermitage of St Tudy". There is controversy concerning the identity of the saint: both Tudy of Landevennec and Tudwal have been suggested. The eleventh-century church is dedicated to St Tudy. The port grew because of its sheltered position protected from the prevailing southwest winds. The fishing port is important (2004-6: around 7000 tonnes per annum landed), and specializes in langoustines, called "demoiselles de Loctudy". The four ports of the Penmarc'h peninsula (Guilvinec, Saint Guénolé Penmarc'h, Loctudy and Lesconil) land 40 000 tonnes per year and constitute the largest fishery in Franc ...
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Bantry
Bantry () is a town in the civil parish of Kilmocomoge in the barony of Bantry on the southwest coast of County Cork, Ireland. It lies in West Cork at the head of Bantry Bay, a deep-water gulf extending for to the west. The Beara Peninsula is to the northwest, with Sheep's Head peninsula to the southwest. The focus of the town is a large square, formed partly by infilling of the shallow inner harbour. In former times, this accommodated regular cattle fairs; after modernising as an urban plaza, it now features a weekly market and occasional public functions. Two piers protect the harbour. Bantry is in the Dáil constituency of Cork South-West. History As with other areas on Ireland's southwest coast, Bantry claims an ancient connection to the sixth-century saint Breandán (Naomh Bréanainn) the Navigator. In Irish lore, Saint Breandán was the first person to discover America. To the west of the town is the graveyard marking the site of a 15th-century Franciscan friary, o ...
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Communes Of France
The () is a level of administrative division in the French Republic. French are analogous to civil townships and incorporated municipalities in the United States and Canada, ' in Germany, ' in Italy, or ' in Spain. The United Kingdom's equivalent are civil parishes, although some areas, particularly urban areas, are unparished. are based on historical geographic communities or villages and are vested with significant powers to manage the populations and land of the geographic area covered. The are the fourth-level administrative divisions of France. vary widely in size and area, from large sprawling cities with millions of inhabitants like Paris, to small hamlets with only a handful of inhabitants. typically are based on pre-existing villages and facilitate local governance. All have names, but not all named geographic areas or groups of people residing together are ( or ), the difference residing in the lack of administrative powers. Except for the municipal arrondi ...
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Equity 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 ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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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 Île-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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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 ...
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Trader (finance)
A trader is a person, firm, or entity in finance who buys and sells financial instruments, such as forex, cryptocurrencies, stocks, bonds, commodities, derivatives, and mutual funds in the capacity of agent, hedger, arbitrageur, or speculator. Duties and types Traders buy and sell financial instruments traded in the stock markets, derivatives markets and commodity markets, comprising the stock exchanges, derivatives exchanges, and the commodities exchanges. Several categories and designations for diverse kinds of traders are found in finance, including: *Bond trader *Floor trader *Hedge fund trader *High-frequency trader *Market maker *Pattern day trader * Principal trader * Proprietary trader *Rogue trader *Scalper *Stock trader Income According to the Wall Street Journal in 2004, a managing director convertible bond trader was earning between $700,000 and $900,000 on average. See also *Commodities exchange *Commodity market *Derivatives market *List of commodity traders *Li ...
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