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Banque Française Du Commerce Extérieur
BPCE (for Banque Populaire Caisse d'Epargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth-largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets. It has more than 8,200 branches nationwide under their respective brand names serving nearly 150 million customers. Its wholesale banking subsidiary Natixis, previously a separately listed company, was delisted and came under full ownership of Groupe BPCE in 2021. BPCE has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. It is also designated as a global systemically important bank (G-SIB) by the Financial Stability Board. History In 2008 and early 2009, the French state provided around 7 billion euros of financial supp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tours Duo
Tours Duo are two skyscrapers designed by Jean Nouvel and located in the 13th arrondissement of Paris, on the edge of the ring road and Ivry-sur-Seine. As of 2022, most of their surface is occupied by the group headquarters of banking group BPCE. The mixed-use project covers more than 108,000 m2. It mainly houses offices but also a hotel, a restaurant, a bar with a panoramic terrace overlooking Paris, an auditorium, shops and green terraces. The ''Tour Duo n°1'', with 180 m, is the third tallest building in Paris after the Eiffel Tower The Eiffel Tower ( ; ) is a wrought-iron lattice tower on the Champ de Mars in Paris, France. It is named after the engineer Gustave Eiffel, whose company designed and built the tower from 1887 to 1889. Locally nicknamed "''La dame de fe ... (324 m) and the Tour Montparnasse (209 m), at par with the forthcoming Tour Triangle. The whole is intended to complete the "belt" formed by several towers and high-rise buildings at the gates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicolas Sarkozy
Nicolas Paul Stéphane Sarközy de Nagy-Bocsa ( ; ; born 28 January 1955) is a French politician who served as President of France from 2007 to 2012. In 2021, he was found guilty of having tried to bribe a judge in 2014 to obtain information and spending beyond legal campaign funding limits during his 2012 re-election campaign. Born in Paris, his roots are 1/2 Hungarian Protestant, 1/4 Greek Jewish, and 1/4 French Catholic. Mayor of Neuilly-sur-Seine from 1983 to 2002, he was Ministry of the Economy and Finance (France), Minister of the Budget under Prime Minister Édouard Balladur (1993–1995) during François Mitterrand's second term. During Jacques Chirac's second presidential term, he served as Minister of the Interior (France), Minister of the Interior and as Minister of Finances (France), Minister of Finances. He was the leader of the Union for a Popular Movement (UMP) party from 2004 to 2007. He won the 2007 French presidential election by a 53.1% to 46.9% margin agai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Check Processing Fee Controversy Of 2010
In 2010, the French government's (the department in charge of regulating competition) fined eleven banks €384.9 million for colluding to charge unjustified fees for check processing, especially for extra fees charged during the transition from paper check transfer to "Exchanges Check-Image" electronic transfer. The banks were: * *BPCE * * BNP Paribas * * * * (CIC) *HSBC * LCL * See also *Cheque fraud *Cheque truncation *Substitute check A substitute check or cheque, also called an image cash letter (ICL), clearing replacement document (CRD), or image replacement document (IRD), is a negotiable instrument used in electronic banking systems to represent a physical paper cheque (c ... * Check 21 Notes 3rd UPDATE: French Watchdog Fines 11 Banks For Fee Cartel Elena Bertson ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Autorité De La Concurrence
The ; ) is France's national competition regulator. Its predecessor, the Competition Council, was established in the 1950s. The Competition Authority is an , responsible for preventing anti-competitive practices and monitoring the functioning of markets. It aims to ensure respect for the law linked "to the defense of a sufficient market competition". Although it is not considered a court, it pronounces injunctions, makes decisions, and if necessary, imposes penalties, subject to appeal to the Court of Appeal of Paris and the Court of Cassation. It also issues opinions. The main sources of law of its action are the Commercial Code (Book IV) and Articles 101 and 102 of the Treaty on the Functioning of the European Union. Its headquarters are in Paris, at 11 Rue de l'Echelle (some services such as the concentrations or the economy are at 6 avenue de l'Opéra) History Created by a decree of 9 August 1953 in the form of a commission attached to the Minister for the Econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laurent Mignon
Laurent may refer to: *Laurent (name), a French masculine given name and a surname **Saint Laurence (aka: Saint ''Laurent''), the martyr Laurent **Pierre Alphonse Laurent, mathematician **Joseph Jean Pierre Laurent, amateur astronomer, discoverer of minor planet (51) Nemausa * Laurent, South Dakota, a proposed town for the Deaf to be named for Laurent Clerc See also *Laurent series In mathematics, the Laurent series of a complex function f(z) is a representation of that function as a power series which includes terms of negative degree. It may be used to express complex functions in cases where a Taylor series expansio ..., in mathematics, representation of a complex function ''f(z)'' as a power series which includes terms of negative degree, named for Pierre Alphonse Laurent * Saint-Laurent (other) * Laurence (name), feminine form of "Laurent" * Lawrence (other) {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Novo Banco
Novo Banco, SA, trading as Novobanco (, ), is a major Portuguese financial bank headquartered in Lisbon, Portugal. Following the entry into force of European Banking Supervision in late 2014, Novobanco has been designated as a Significant Institution and is supervised by the European Central Bank. Novobanco was established on 4 August 2014, as a result of a restructuring following the bankruptcy of Banco Espírito Santo (BES) led by the Bank of Portugal to hold the bank's healthy assets. This allowed Novobanco to operate, split off from the BES's toxic assets after historic losses of 3,577 million euros. BES's toxic assets, on the other hand, were transferred to a "bad bank". History In 2017, the American fund Lone Star Funds acquired 75% of the share capital of Novobanco in return for a capital injection of €1bn, with the Portuguese Resolution Fund holding the remaining 25 per cent. As part of this sale, the European Commission, through the Directorate-General for Competitio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lone Star Funds
Lone Star Funds, legal name of main entity Lone Star Global Acquisitions, Ltd. is a global private equity firm that invests in corporate equity, real estate, credit, and other financial assets. The founder of Lone Star established its first fund in 1995 (under a different name) and Lone Star has to date organized 25 private equity funds with total capital commitments since inception of over $95 billion (as of 2024). Lone Star's investors include corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds and high-net-worth individuals. Lone Star Funds has affiliate offices in North America, Europe and Japan. Hudson Advisors LP, an approximately 900-person global asset management company owned and controlled by the founder of Lone Star, performs due diligence and analysis, asset management and related services for Lone Star Funds. In this capacity, Hudson Advisors LP has managed in excess of $260 billion of assets for Lone Star F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ostrum Asset Management
Ostrum Asset Management (previously Natixis Asset Management), is a French asset management company that was founded in 2007. The company is part of French banking group BPCE. Ostrum Asset Management is an affiliate of Natixis Investment Managers (previously Natixis Global Asset Management), majority owned by BPCE. As of June 30th 2024, Ostrum Asset Management held €396 billion ($400 billion) in assets and was employing over 700 people. History Foundation 1985-2006 The company was established in 1985 as one of the first so called solidarity funds under the name ''Nord Sud Développement'', which became ''Natixis Impact Nord Sud Développement'' later on. In 2001 CDC Asset Management becomes CDC IXIS Asset Management. In 2004 CDC IXIS Asset Management becomes IXIS Asset Management, fully owned by IXIS Asset Management Group. In 2006 Natixis was founded as the result of aligning activities by both the Groupe Caisse d’Epargne and Groupe Banque Populaire. Natixis Asset M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assicurazioni Generali
Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or commonly known as Generali Group is an Italian insurance company based in Trieste. As of 2022, it is the largest insurance company in Italy and ranks among the world's largest insurance companies by net premiums and assets. Generali's major competitors at the international level are Axa, AXA, Allianz and Zurich Insurance Group. The company is listed on the Borsa Italiana and is part of the FTSE MIB, FTSE MIB index of the same stock exchange. History Established on December 26, 1831, as the ''Imperial Regia Privilegiata Compagnia di Assicurazioni Generali Austro-Italiche'' ('Imperial and Royal Privileged Company for General Austrian-Italian Insurances') in Trieste. Its promoter was Giuseppe Lazzaro Morpurgo. The adjective "Generali" (''"general"'') referred to the company's comprehensive insurance coverage across all the branches (fire, life, hail, sea, land and river transport). This approach was rare at the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Foncier De France
Crédit Foncier de France (, CFF) was a major French bank, active from 1852 to 2019 when its activities were entirely subsumed into Groupe BPCE, although the brand name appears to remain active. History The Crédit Foncier (English: landed credit) initially made loans to commune in France, communes. The movement was initiated by Louis Wolowski and Count Xavier Branicki, and sanctioned by Emperor Napoleon III of France, Napoleon III in 1852 in an attempt to modernize the medieval French banking system and expand French investment outside Europe. Its name became the "Banque Foncière of Paris". Similar institutions at Nevers and Marseille were amalgamated into one under the title of "Crédit Foncier de France". The amount of the loan could not exceed half of the value of the property pledged or hypothecated, and that the repayment of the loan was by an Annuity (finance theory), annuity, which included the interest and part of the principal, terminable at a certain date. The Crédi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazzaville
Brazzaville () is the capital (political), capital and largest city of the Republic of the Congo. Administratively, it is a Departments of the Republic of the Congo, department and a Communes of the Republic of the Congo, commune. Constituting the financial and administrative centre of the country, it is located on the north side of the Congo River, opposite Kinshasa, the capital city of the Democratic Republic of the Congo (DR Congo). The population of the capital is estimated to exceed 2.1 million residents, comprising more than a third of the national populace. Some 40% are employed in non-agricultural professions. During World War II, Brazzaville served as the de facto capital of Free France between 1940 and 1942. In 2013, Brazzaville was designated a City of Music (UNESCO), City of Music by UNESCO; since then it has also been a member of the Creative Cities Network. Toponymy The prefix "Brazza" comes from the surname of the Italian count Pierre Savorgnan de Brazza, who wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Malgache De L'Océan Indien
BCP Group, also referred to as Crédit Populaire du Maroc () and popularly known under the brand Banque Populaire or Chaabi, is a major financial services group in Morocco, headquartered in Casablanca. The acronym BCP stands for the group's central entity, the Banque Centrale Populaire which also operates retail services in the region of Casablanca and El Jadida. The group also comprises eight regional entities known as ''Banques Populaires Régionales'': these are, respectively, ''Centre-Sud'' (covering the Souss-Massa region), Fez, Morocco, Fez-Meknes, Laayoune, Marrakesh-Beni Mellal, Nador-Al Hoceima, Oujda, Rabat-Kenitra, and Tangier-Tétouan. As of 2024, BCP Group was Morocco's second-largest banking group, behind market leader Attijariwafa Bank and ahead of Bank of Africa. It has had the largest deposit base in the country for many years. Like its two main Moroccan peers, it has also expanded significantly into sub-Saharan Africa. Overview The starting point of BCP Group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
