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Crédit Du Nord
is a French retail banking network. It consists of the following banks: * , Toulouse, Aquitaine (oldest existing bank in France, founded in 1760) * , Alsace, Lorraine * , Savoy * , Massif Central * , Lyon * , Limoges * , Marseille * itself in the rest of France * , a stock brokerage firm is mainly owned by Société Générale but run separately from Société Générale's own French retail banking network. specialises on professionals and small business. It serves about 1.5 million customers in more than 700 stores (2006). History started in Lille Lille ( , ; nl, Rijsel ; pcd, Lile; vls, Rysel) is a city in the northern part of France, in French Flanders. On the river Deûle, near France's border with Belgium, it is the capital of the Hauts-de-France region, the prefecture of the No ... in 1848. After buying a number of small banks, it was, in turn, acquired by Paribas between 1972 (35% owned) and 1988 (100% owned) but remained run as a separate network. In the ...
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Société Anonyme
The abbreviation S.A. or SA designates a type of limited company in certain countries, most of which have a Romance language as their official language and employ civil law. Originally, shareholders could be literally anonymous and collect dividends by surrendering coupons attached to their share certificates. Dividends were therefore paid to whoever held the certificate. Share certificates could be transferred privately, and therefore the management of the company would not necessarily know who owned its shares. As with bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by a holding company in order to obscure the beneficiary. In different countries S.A. can be an abbreviation of: * in Galician and European Portuguese (used in Port ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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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 pronounced 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 Economy, ...
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Dexia
Dexia N.V./S.A., or the Dexia Group, is a Franco-Belgian financial institution formed in 1996. At its peak in 2010, it had about 35,200 members of staff and a core shareholders' equity of €19.2 billion. In 2008, the bank entered severe financial difficulties and received taxpayer bailouts for €6 billion, and it became the first big casualty of the 2011 European sovereign debt crisis. Due to big losses, suffered among others from the debt haircut on Greek government bonds, and an orderly resolution process began in October 2011. As part of the resolution, Dexia Bank Belgium was bought out from the Dexia group by the Belgian state and has continued to operate, since March 2012 under the new name Belfius. The French bank focused on local government lending was restructured as . The remaining part of the Dexia group was left in a "bad bank", still called Dexia, to be gradually wound down. Profile In the 2010 Fortune Global 500 (which lists companies by total i ...
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Creative Business
Creative may refer to: *Creativity, phenomenon whereby something new and valuable is created * "Creative" (song), a 2008 song by Leon Jackson * Creative class, a proposed socioeconomic class * Creative destruction, an economic term * Creative director, an occupation * Creative industries, exchange of finance for rights in intellectual properties * Creative nonfiction, a literary genre * Creative writing, an original, non-technical writing or composition * Creative Commons, an organization that deals with public copyright issues * Creative Labs, a brand owned by Creative Technology * Creative Technology, Singapore-based manufacturer of computer products See also *Creativity (other) Creativity refers to the invention or origination of any new thing (a product, solution, artwork, literary work, joke, etc.) that has value. Creativity may also refer to: *''Creativity (magazine)'' * Creativity (process philosophy) *Creativity (rel ...
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Paribas
The Banque de Paris et des Pays-Bas (“Bank of Paris and the Netherlands”), generally referred to from 1982 as Paribas, was a French investment bank based in Paris. In May 2000, it merged with the Banque Nationale de Paris to form BNP Paribas. History Background In the early 1820s, Louis-Raphaël Bischoffsheim founded a private banking establishment in Amsterdam in his own name. His brother Jonathan-Raphaël created a branch in Antwerp in 1827 before settling in Brussels in 1836. Having married Henriette Goldschmidt, the daughter of Frankfurt banker Hayum-Salomon Goldschmidt, Louis-Raphaël Bischoffsheim established the Bischoffsheim, Goldschmidt & Cie bank in Paris in 1846, then in London in 1860. In 1863 he merged these banks into the (NCDB, "Dutch Credit and Deposit Bank"; french: Banque de Crédit et de Dépôt des Pays-Bas), which he had founded in Amsterdam: the Bischoffsheim family thereby established a powerful multinational banking conglomerate. Separatel ...
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Lille
Lille ( , ; nl, Rijsel ; pcd, Lile; vls, Rysel) is a city in the northern part of France, in French Flanders. On the river Deûle, near France's border with Belgium, it is the capital of the Hauts-de-France region, the prefecture of the Nord department, and the main city of the European Metropolis of Lille. The city of Lille proper had a population of 234,475 in 2019 within its small municipal territory of , but together with its French suburbs and exurbs the Lille metropolitan area (French part only), which extends over , had a population of 1,510,079 that same year (Jan. 2019 census), the fourth most populated in France after Paris, Lyon, and Marseille. The city of Lille and 94 suburban French municipalities have formed since 2015 the European Metropolis of Lille, an indirectly elected metropolitan authority now in charge of wider metropolitan issues, with a population of 1,179,050 at the Jan. 2019 census. More broadly, Lille belongs to a vast conurbation formed w ...
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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 Industr ...
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Brokerage Firm
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate or stock broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base of buyers and sellers. They then screen these potential buyers or sellers for the p ...
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Marseille
Marseille ( , , ; also spelled in English as Marseilles; oc, Marselha ) is the prefecture of the French department of Bouches-du-Rhône and capital of the Provence-Alpes-Côte d'Azur region. Situated in the camargue region of southern France, it is located on the coast of the Gulf of Lion, part of the Mediterranean Sea, near the mouth of the Rhône river. Its inhabitants are called ''Marseillais''. Marseille is the second most populous city in France, with 870,731 inhabitants in 2019 (Jan. census) over a municipal territory of . Together with its suburbs and exurbs, the Marseille metropolitan area, which extends over , had a population of 1,873,270 at the Jan. 2019 census, the third most populated in France after those of Paris and Lyon. The cities of Marseille, Aix-en-Provence, and 90 suburban municipalities have formed since 2016 the Aix-Marseille-Provence Metropolis, an indirectly elected metropolitan authority now in charge of wider metropolitan issues, with a ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Limoges
Limoges (, , ; oc, Lemòtges, locally ) is a city and Communes of France, commune, and the prefecture of the Haute-Vienne Departments of France, department in west-central France. It was the administrative capital of the former Limousin region. Situated on the first western foothills of the Massif Central, Limoges is crossed by the river Vienne (river), Vienne, of which it was originally the first ford crossing point. The second most populated town in the Nouvelle-Aquitaine, New Aquitaine region after Bordeaux, a University of Limoges, university town, an administrative centre and intermediate services with all the facilities of a regional metropolis, it has an urban area of 323,789 inhabitants in 2018. The inhabitants of the city are called the Limougeauds. Founded around 10 BC under the name of Augustoritum, it became an important Gallo-Roman culture, Gallo-Roman city. During the Middle Ages Limoges became a large city, strongly marked by the cultural influence of the Abbey ...
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