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Groupe Banque Populaire
Banque Populaire (, ) was a French group of cooperative banks, with origins in the European cooperative movement. In 2009, it merged with Groupe Caisse d'Épargne to form Groupe BPCE. History Groupe Banque Populaire started in 1878 with the foundation of the first local "people's bank" () in the western French city of Angers. During World War I, Commerce Minister Étienne Clémentel was instrumental in passing the law of which established the local Popular Banks' cooperative status and granted them favorable financial and tax treatment, with intent to fill the void left by struggling local banks in the market for short-term lending to small businesses. In 1921, another legislative act established a central financial entity, the (CCBP). In 1919, the French state sponsored the creation of Crédit National, a specialized bank. In 1946, the French state created Compagnie Française d'Assurance pour le Commerce Extérieur (Coface), a trade credit insurer, and Banque Françai ...
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Co-operative
A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. They differ from collectives in that they are generally built from the bottom-up, rather than the top-down. Cooperatives may include: * Worker cooperatives: businesses owned and managed by the people who work there * Consumer cooperatives: businesses owned and managed by the people who consume goods and/or services provided by the cooperative * Producer cooperatives: businesses where producers pool their output for their common benefit ** e.g. Agricultural cooperatives * Purchasing cooperatives where members pool their purchasing power * Multi-stakeholder or hybrid cooperativ ...
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Natexis Banques Populaires
Banque Populaire (, ) was a French group of cooperative banks, with origins in the European cooperative movement. In 2009, it merged with Groupe Caisse d'Épargne to form Groupe BPCE. History Groupe Banque Populaire started in 1878 with the foundation of the first local "people's bank" () in the western French city of Angers. During World War I, Commerce Minister Étienne Clémentel was instrumental in passing the law of which established the local Popular Banks' cooperative status and granted them favorable financial and tax treatment, with intent to fill the void left by struggling local banks in the market for short-term lending to small businesses. In 1921, another legislative act established a central financial entity, the (CCBP). In 1919, the French state sponsored the creation of Crédit National, a specialized bank. In 1946, the French state created Compagnie Française d'Assurance pour le Commerce Extérieur (Coface), a trade credit insurer, and Banque Française ...
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KBC Group
KBC Group N.V. is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia. It was created in 1998 through the merger of Kredietbank (KB), the cooperative , ABB Insurance, and Fidelitas Insurance. The acronym KBC stands for KredietBank and CERA. KBC Group is one of Belgium's major companies and the second largest bancassurer in the country. As of late 2020, it was the 15th largest bank in Europe by market capitalisation and a major financial player in Central and Eastern Europe, employing some 41,000 staff (of which more than half in Central and Eastern Europe) and serving 12 million customers worldwide (some 7 to 8 million in Central and Eastern Europe). KBC is a Forbes Global 2000 company. The group is controlled by a group of core shareholders, and has a free float of approximately 60%. The core shareholders include KBC Ancora, a listed company controlled by ...
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German Cooperative Financial Group
The German Cooperative Financial Group (, sometimes referred to in English as "Volksbanken Raiffeisenbanken Cooperative Financial Network") is a major cooperative banking network in Germany that includes local banks named Volksbanken ("people's banks") and Raiffeisenbanken ("Raiffeisen banks"), the latter in tribute to 19th-century cooperative movement pioneer Friedrich Wilhelm Raiffeisen. The Cooperative Group represents one of the three "pillars" of Germany's banking sector, the other two being, respectively, the of public banks, and the commercial banking sector represented by the Association of German Banks. The Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) is the nationwide representative body of the Cooperative Financial Group. It operates under the Deutscher Genossenschafts- und Raiffeisenverband, the umbrella organization of the German cooperative movement. Most ''Volksbanken'' and ''Raiffeisenbanken'' in Germany are quite small and have thus bee ...
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Crédit Mutuel
Crédit Mutuel () is a French cooperative banking group, one of the country's top five banks with over 30 million customers. It traces its origins back to the German cooperative movement inspired by Friedrich Wilhelm Raiffeisen in Alsace–Lorraine under German rule, in the 1880s. Crédit Mutuel was a member of the International Raiffeisen Union (IRU). Crédit Mutuel 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. History Origins The first local cooperative bank inspired by the Raiffeisen system on what is now French territory was created in February 1882 in La Wantzenau, a village near Strasbourg. The network in German-ruled Alsace–Lorraine grew quickly to 127 local banks in 1892, and 471 in 1914. Louis Durand (1859-1916), a lawyer in Lyon, was inspired by the Raiffeisen model and started a similar network from 1893, grouped ...
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Gare De Lyon
The Gare de Lyon, officially Paris Gare de Lyon (), is one of the seven large mainline railway stations in Paris, France. It handles about 148.1 million passengers annually according to the estimates of the SNCF in 2018, with SNCF railways and the RER D accounting for around 110 million and the RER A accounting for 38 million, making it the second-busiest station of France after the Gare du Nord and one of the busiest in Europe. The station is located in the 12th arrondissement, on the right bank of the river Seine, in the east of Paris. Opened in 1849, it is the northern terminus of the Paris–Marseille railway. It is named after the city of Lyon, a stop for many long-distance trains departing here, most en route to the South of France. The station is served by high-speed TGV trains to Southern and Eastern France, Switzerland, Germany, Italy and Spain. The station also hosts regional trains and the RER and also the Gare de Lyon Métro station. Main line trains dep ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ...
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Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a broker, brokerage firm) offers a wide array of Real life, face-to-face and automated services to its customers. History and description During the 3rd century banks in Persia (now Iran) and in other territories started to issue letters of credit known as Sakks, basically cheque, checks in today’s language, that could be traded in cooperative houses or offices throughout the Persian territories. In the period from 1100-1300 banking started to expand across Europe and banks began opening ‘branches’ in remote, foreign locations to support international trade. In 1327, Avignon which is located in France had 43 branches of Italian banking houses alone. The practice of opening satellite branches was popularized in the early 20th century by Amadeo Giannini, then head of the Bank of America. Historically, branches were housed in imposing build ...
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New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Agence France Presse
Agence France-Presse (; AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency. With 2,400 employees of 100 nationalities, AFP has an editorial presence in 260 cities across 150 countries. Its main regional headquarters are based in Nicosia, Montevideo, Hong Kong and Washington, D.C. AFP publishes stories, videos, photos and graphics in French, English, Arabic, Portuguese, Spanish, and German. Two-thirds of its turnover comes from its own commercial activities, with the remaining one-third being provided by the French government (amounting to 113.3 million euros in 2022) as compensation for carrying out its mission of general interest. In December 2024, AFP was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History Agence France-Presse has its origins in the Agence Havas, founded in 1835 in Paris by Charles-Louis Havas, making it the world's ...
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Cabinet Of France
The Government of France (, ), officially the Government of the French Republic (, ), 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 Prime Minister may designate ministers to be titled as ministers of state (), who are the most senior, followed in protocol order by ministers (), ministers delegate (), whereas junior ministers are titled as secretaries of state (). All members of the government, who are appointed by the president following the recommendation of the prime minister, are responsible to the National Assembly, the lower house of the French Parliament. ...
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Nicolas Mérindol
Nicolas Mérindol (born 1961), is a French Business executive who was the former CEO of the Groupe Caisse d'Épargne. Since July 2012 he has been the Chairman and Partner of Amilton, a financial services group. He was formerly the Vice-Chairman for France of Banca Leonardo, a position he took up in January 2010. He has also served as the Chairman of Constructa Asset Management’s Board of Directors since December 2012. Education Nicolas Mérindol obtained a degree from the Institut supérieur de gestion de Paris (ISG) and is a qualified chartered accountant. Career Nicolas Mérindol’s career began in Renault's Financial Department, first in France and then in Argentina from 1984 to 1987. He went on to join the Caisse des dépôts et consignations (CDC) where he was responsible for regional credit institutions (SOREFIs). He then joined Groupe Caisse d'épargne in 1988. After several years on the ground in various managerial positions at the Caisse d'Épargne in Picard ...
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