Banking In France
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Banking In France
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. France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts. During 2018 the banking sector of the French economy employed 362,800 people. Largest banks The largest banks by total assets in Euros (as of year end 2020) in France are the following: 1. BNP Paribas: $2,488.5 bn 2. Crédit Agricole: $1,961.1 bn 3. Société Générale: $1,462.0 bn 4. BPCE: $863.3 bn 5. Crédit Mutuel - CIC: $624.0 Bn History of banking At about the time of the commencement of the year 1800, and of the first period of revolutionary change in banking within the continent of Europe, the high banking houses of France included the Banque Hottinguer, Hottinguer, :fr:Banque Mallet, Mallet (fr), :fr:Famille Poupart d ...
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Banking
A bank is a financial institution that accepts Deposit account, 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. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, 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 accounting liquidity, 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 o ...
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Banque Rothschild
The Banque Rothschild, formally known as ''de Rothschild Frères'' () until 1967, was the family-controlled bank of the Rothschild banking family of France. It was established in 1817, expropriated by Vichy France in 1940, returned to the Rothschilds after the liberation of France in 1944, and nationalized in 1982 after which it operated under the name of its subsidiary () and was eventually sold in 1991 to Barclays. It played a major role in French financial development in the 19th century, and remained significant for much of the 20th century. History Jacob Mayer Rothschild, the youngest son of Mayer Amschel Rothschild, settled in Paris in 1812 where his name Jacob was translated to James. In 1817, he formally created the bank , whose partners were himself and his brothers Amschel of Frankfurt, Carl of Naples, Nathan of London and Salomon of Vienna. In 1822 the five brothers were awarded the hereditary title of Baron by Emperor Francis I of Austria, after which James ...
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Paris Nanterre University
Paris Nanterre University (), formerly University of Paris West, Paris-X and commonly referred to as Nanterre, is a public research university based in Nanterre, Hauts-de-Seine, France, in the Paris metropolitan area. It is one of the most prestigious French universities, mainly in the areas of law, humanities, political science, social and natural sciences and economics. It is one of the thirteen successor universities of the University of Paris. The university is located in the western suburb of Nanterre, in La Défense area, the business district of the Paris area. Paris Nanterre University alumni include more than 15 cabinet officials, heads of state or government from France and around the world, like Emmanuel Macron, Nicolas Sarkozy or Dominique de Villepin. Alumni also include heads of central banks, legislators and business people, like Christine Lagarde, Dominique Strauss-Kahn or Vincent Bolloré. History The Nanterre campus of the University of Paris The ...
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French Language
French ( or ) is a Romance languages, Romance language of the Indo-European languages, Indo-European family. Like all other Romance languages, it descended from the Vulgar Latin of the Roman Empire. French evolved from Northern Old Gallo-Romance, a descendant of the Latin spoken in Northern Gaul. Its closest relatives are the other langues d'oïl—languages historically spoken in northern France and in southern Belgium, which French (Francien language, Francien) largely supplanted. It was also substratum (linguistics), influenced by native Celtic languages of Northern Roman Gaul and by the Germanic languages, Germanic Frankish language of the post-Roman Franks, Frankish invaders. As a result of French and Belgian colonialism from the 16th century onward, it was introduced to new territories in the Americas, Africa, and Asia, and numerous French-based creole languages, most notably Haitian Creole, were established. A French-speaking person or nation may be referred to as Fra ...
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Mona Banq
Mona may refer to: People *Mona (name), a female given name, nickname and surname * Mona (Angolan footballer) (born 1997) * Mona (Brazilian footballer), Marcelo Alexandre Pires Correia (born 1973) *Mona, ring name of American wrestler Nora Greenwald Museums * Museum of Nebraska Art, Kearney, Nebraska, US * Museum of Neon Art, Los Angeles, California, United States * Museum of Northwest Art, La Conner, Washington, United States *Museum of Old and New Art, Hobart, Tasmania, Australia Music * Mona (band), a Nashville-located alternative rock band ** ''Mona'' (album), released in 2011 *''Mona – The Carnivorous Circus'', a 1970 album by The Deviants *" Mona (I Need You Baby)", a 1957 song by Bo Diddley *"Mona", a song by James Taylor from his 1985 album '' That's Why I'm Here'' *"Mona", a song by the Beach Boys from their 1977 album '' Love You'' *"Mona", a song by Nick Mulvey from his 2022 album ''New Mythology'' * ''Mona'' (opera), a 1912 opera by Horatio Parker Places Settlemen ...
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Hauts-de-France
Hauts-de-France (; ; ), also referred to in English as Upper France, is the northernmost region of France, created by the territorial reform of French regions in 2014, from a merger of Nord-Pas-de-Calais and Picardy. Its prefecture is Lille. The new region came into existence on 1 January 2016, after regional elections in December 2015. The Conseil d'État approved Hauts-de-France as the name of the region on 28 September 2016, effective the following 30 September. With 6,009,976 inhabitants as of 1 January 2015 and a population density of 189 inhabitants per km2, it is the third most populous region in France and the second-most densely populated in metropolitan France after its southern neighbour Île-de-France. It is bordered by Belgium to the north and by the United Kingdom to the northwest through the Channel Tunnel, a railway tunnel crossing the English Channel. The region is a blend mixture of French and (southern-) Dutch cultures. Toponymy The region's interim ...
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Cambridge University Press
Cambridge University Press was the university press of the University of Cambridge. Granted a letters patent by King Henry VIII in 1534, it was the oldest university press in the world. Cambridge University Press merged with Cambridge Assessment to form Cambridge University Press and Assessment under Queen Elizabeth II's approval in August 2021. With a global sales presence, publishing hubs, and offices in more than 40 countries, it published over 50,000 titles by authors from over 100 countries. Its publications include more than 420 academic journals, monographs, reference works, school and university textbooks, and English language teaching and learning publications. It also published Bibles, runs a bookshop in Cambridge, sells through Amazon, and has a conference venues business in Cambridge at the Pitt Building and the Sir Geoffrey Cass Sports and Social Centre. It also served as the King's Printer. Cambridge University Press, as part of the University of Cambridge, was a ...
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Ivan Berend
Ivan () is a Slavic male given name, connected with the variant of the Greek name (English: John) from Hebrew meaning 'God is gracious'. It is associated worldwide with Slavic countries. The earliest person known to bear the name was the Bulgarian Saint Ivan of Rila. It is very popular in Russia, Ukraine, Croatia, Serbia, Bosnia and Herzegovina, Slovenia, Bulgaria, Belarus, North Macedonia, and Montenegro and has also become more popular in Romance-speaking countries since the 20th century. Etymology Ivan is the common Slavic Latin spelling, while Cyrillic spelling is two-fold: in Bulgarian, Russian, Macedonian, Serbian and Montenegrin it is , while in Belarusian and Ukrainian it is . The Old Church Slavonic (or Old Cyrillic) spelling is . It is the Slavic relative of the Latin name , corresponding to English ''John''. This Slavic version of the name originates from New Testament Greek (''Iōánnēs'') rather than from the Latin . The Greek name is in turn deriv ...
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