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Joseph M. Cohen, Cowen's chief executive became its chairman, and Curtis R. Welling, an investment banker from Societe Generale's New York office became president and chief executive. [ 23 ] In 1998, Société Générale set up Retail Banking outside France as a separate division, underscoring the Group's resolve to make this business one of ...
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In 1984, the Banque Française Commerciale (BFC; the former Franco-Chinese Bank) restructured itself as a holding company.It established three legally and operationally distinct companies: Banque Française Commerciale en France Métropolitaine (BFC), with branches in France; BFCOI, with branches in Reunion, Mayotte and the Seychelles; and Banque Française Commerciale Antilles-Guyane (BFCAG ...
The banking industry in France has, as of 11 October 2008, an average leverage ratio (assets/net worth) of 28 to 1, and its short-term liabilities are equal to 60% of the French GDP or 128% of its national debt. [1] France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts.
Société générale means "general company" or "general society" in French, and was included in the name of many legal entities, particularly in the 19th and early 20th centuries, starting with the Société Générale de Belgique in 1822.
After World War II (1939–1945) a law passed on 2 December 1945 redefined the regulatory framework governing the banking industry and decreed the nationalization of the Banque de France and the four leading French retail banks: Banque nationale pour le commerce et l'industrie (BNCI), CNEP, Crédit Lyonnais and Société Générale. [52]
BRD - Groupe Société Générale SA is a Romanian bank which is based in Bucharest, Romania.It was founded in 1923 and is currently the third largest bank by assets (about 10.9 bn €) in Romania.
Societe Generale de Banque au Liban S.A.L. (SGBL), (Arabic: بنك سوسيتيه جنرال في لبنان, founded in 1953), is a Lebanese bank, and a subsidiary of SGBL Group, [1] and offers banking services in the Middle East (Lebanon, Jordan), the Gulf (United Arab Emirates) and Europe (Cyprus, France and Monaco).