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BNP Paribas
BNP Paribas (; sometimes referred to as BNPP or BNP) is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial institutions, Banque Nationale de Paris (BNP) and Paribas. It also incorporates many other major institutions through successive acquisitions, including Fortis Bank in Belgium, Direkt Anlage Bank in Germany, Banca Nazionale del Lavoro in Italy, Banque Générale du Luxembourg in Luxembourg, and Türk Ekonomi Bankası in Turkey. The group has also been present in the United States through its subsidiaries Bank of the West until 2023 and First Hawaiian Bank until 2019. With 190,000 employees, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS); Investment & Protection Services (IPS); and Corporate & Institutional Banking (CIB). BNP Paribas is listed on Euronext Paris and is a component of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Headquarters
Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, military organizations, religious groups, sports leagues and so on. It usually implies a geographically dispersed organization with a clear hierarchical structure. Corporate In the private sector, the corporate headquarters is the entity at the top of a corporation that takes responsibility for managing all business activities. The value added, intended benefit of headquarters is to carry out purposeful regulatory capacity and ensure corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions including strategic planning, corporate communications, corporate tax, tax payments, legal, legal operations, marketing, finance, human resources, information technology, and pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Funds
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. The primary structures of mutual funds are open-end funds, closed-end funds, and unit investment trusts. Over long durations, passively managed funds consistently outperform actively managed funds. Open-end funds are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortis Bank
BNP Paribas Fortis is an international bank based in Belgium and a subsidiary of French banking group BNP Paribas. The bank was created in May 2009 after BNP Paribas acquired 75% of the Belgian Fortis Bank from the Federal Participation and Investment Company. It was formerly, together with Fortis Bank Nederland, the banking arm of the financial institution Fortis. After the ultimately unsuccessful ABN-AMRO takeover, the subprime mortgage crisis and subsequent 2008 financial crisis led to the sale of the Dutch and Luxembourg parts of the banking branch to the Dutch and Luxembourg governments. Fortis Bank itself was first partly bought by the Belgian government (for €4.7 billion), then fully purchased by the government and sold to BNP Paribas. Activities BNP Paribas Fortis offers the Belgian market a comprehensive range of financial services a range of client types, including individual customers, self-employed people and those in the liberal professions, small and medium- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Générale De Belgique
The ' (, ; often referred to in Belgium simply as "Société Générale" or SGB) was an investment bank and, subsequently, an industrial and financial conglomerate in Belgium between 1822 and 2003. It has been described as the world's first universal bank. The banking element was split in 1935 and became the '' Générale de Banque''. At its height in the late 19th and early 20th centuries, the Société Générale exercised significant control over large portions of the national economy of Belgium and the Belgian colonial empire. The Société Générale was originally founded as an investment bank called the or () by William I of the Netherlands in 1822 when Belgium was under his rule within the United Kingdom of the Netherlands. After the Belgian Revolution in 1830, it was the new country's dominant financial institution and remained so even after the creation of the National Bank of Belgium in 1850. Its investments in the national economy contributed to the rapid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, 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. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hello Bank!
Hello bank! is a digital direct bank owned by BNP Paribas that started operations in 2013. The bank operates in France, Belgium, Germany (using the name Consorsbank), Italy, the Czech Republic and Austria. BNP Paribas has claimed that it is "the first 100% digital mobile bank in Europe". History The project was first discussed in 2012 and the bank was launched in Belgium and Germany on 16 May 2013, in France on 17 June 2013 and in Italy on 28 October 2013. On 13 February 2014 the bank announced that they had reached 177,000 customers at the end of 2013. At the end of 2014 the customers in Germany, Belgium, France and Italy reached 791,000. Hello bank! launched in Austria on 1 August 2015. At the end of 2015 the customers of Hello bank! in all 5 markets reached 2.4 million. At the end of 2016 Hello bank! had 2.5 million customers across its 5 markets, with more than 1.5 million in Germany and 480 thousand in Belgium. In May 2017 Czech BNP Paribas Personal Fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cetelem
Cetelem is a French company specializing in consumer credit for household electrical equipment, personal loans, car loans and credit cards. Cetelem is the commercial brand of ''BNP Paribas Personal Finance'', which is a wholly owned subsidiary of BNP Paribas. The company specializes in retail financing in Europe. , it was established in thirty countries, had 27 million customers with headquarters located in Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci .... Cetelem also trades as ''Modern Credit'' in the French overseas territories. Other brands of ''BNP Paribas Personal Finance'' are ''Findomestic'' in Italy and ''AlphaCredit'' in Belgium. History Cetelem was founded in 1953 by Jacques de Fouchier. Cetelem merged with UCB at the end of 2007 and became "BNP Paribas Pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Nazionale Del Lavoro
Banca Nazionale del Lavoro S.p.A. (BNL) is an Italian bank headquartered in Rome. Established in 1913, the bank has been a subsidiary of BNP Paribas since 2006. Integration process was concluded in 2008, BNL with its group oversees the commercial banking activity in Italy. History Istituto Nazionale di Credito per la Cooperazione (1913–1929) Founded in 1913 by royal decree, under the influence of Luigi Luzzatti, the Istituto was intended to provide cooperative workers’ organizations with credit facilities comparable to commercial banks. It pioneered special credit lines for agriculture, cinema, and fishing sectors in which Italy was undergoing gradual modernization while remaining largely rural. The bank was initially overseen by the Banca d'Italia under Bonaldo Stringher and funded by public bodies, savings banks, Monte dei Paschi di Siena, Cassa di Previdenza and the Istituto di Credito per le Cooperative of Milan.Napoleone Colajanni, ''Storia della banca italiana'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNP Paribas Fortis
BNP Paribas Fortis is an international bank based in Belgium and a subsidiary of French banking group BNP Paribas. The bank was created in May 2009 after BNP Paribas acquired 75% of the Belgian Fortis Bank from the Federal Participation and Investment Company. It was formerly, together with Fortis Bank Nederland, the banking arm of the financial institution Fortis. After the ultimately unsuccessful ABN-AMRO takeover, the subprime mortgage crisis and subsequent 2008 financial crisis led to the sale of the Dutch and Luxembourg parts of the banking branch to the Dutch and Luxembourg governments. Fortis Bank itself was first partly bought by the Belgian government (for €4.7 billion), then fully purchased by the government and sold to BNP Paribas. Activities BNP Paribas Fortis offers the Belgian market a comprehensive range of financial services a range of client types, including individual customers, self-employed people and those in the liberal professions, small and medium- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cardif
Cardif is an international insurance company based in France with a presence worldwide. The company is part of the BNP Paribas Group. History In 1973 the French bank ''Compagnie bancaire'' founded a life insurance company ''Compagnie d'Assurance et d'Investissement de France'' (CARDIF). Since 1998 the company is part of the BNP Paribas Group. In 2022, Cardif’s global operations had a workforce of about 8,000 and a presence in 33 countries. 2014-16 On 7 April 2014 BNP Paribas Cardif was sanctioned and fined 10 million euros by the disciplinary committee of the "Authority of prudential supervision and resolution" (ACPR - Bank of France) for shortcomings and delays in complying with its legal obligations and which resulted in wrongful retention of amounts that should have been paid to beneficiaries of unclaimed life insurance policies (origin, Le Particulier No. 1097). In 2015, BNP Paribas Cardif was planning on upping its stake in SBI Life in India to 36 percent, up from 26 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNP Paribas Asset Management
BNP Paribas Asset Management is the dedicated, autonomous asset management branch of BNP Paribas Group. History In 2007, BNP Paribas regrouped its function in asset management under the brand name BNP Paribas Investment Partners. In 2010, the closing of the transaction between BNP Paribas Investment Partners and Fortis Investments was completed. In June 2017, BNP Paribas Investment Partners rebrands as BNP Paribas Asset Management. In August 2024, BNP Paribas Asset Management entered exclusive talks with Axa for the acquisition of Axa Investment Managers for €5.1bn. As Axa Investment Managers has €850bn of assets under management, the deal would create one of the largest asset management firm in Europe, with around €1.5tn of assets under management. On 21 December 2024, Axa and BNP Paribas signed the purchase agreement of Axa Investment Managers by Cardif (BNP Paribas' insurance company). By using its insurance company for completing the purchase, BNP Paribas aims at b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wealth Management
Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families. It is a discipline which incorporates structuring and planning wealth to assist in growing, preserving, and protecting wealth, whilst passing it onto the family in a tax-efficient manner and in accordance with their wishes. Wealth management brings together tax planning, wealth protection, estate planning, succession planning, and family governance. Private wealth management Private wealth management is sought by high-net-worth investors. Generally, this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock. Traditionally, the wealthiest retail clients of investment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
