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Groupe Caisse D'Épargne
Groupe Caisse d'épargne (, ) was a group of French savings banks that were converted into cooperative banks by legislation enacted in 1999. Its roots went back to the founding in 1818 of the , initiated by Benjamin Delessert and the Duke of La Rochefoucauld-Liancourt. The group was active in retail and private banking, with around 4700 branches in the country, as well as holding a significant stake in the publicly traded investment bank Natixis. In 2009, it merged with Groupe Banque Populaire to form Groupe BPCE. A retail banking network under BPCE still uses the Caisse d'Épargne brand name. History The first French savings bank () was created in Paris in 1818 by a group of financiers, social reformers and philanthropists that included Benjamin Delessert, Jean-Conrad Hottinguer, Joseph Marie de Gérando, Jacques Laffitte, the François Alexandre Frédéric, duc de La Rochefoucauld-Liancourt, James Mayer de Rothschild, and Vital Roux. Delessert and La Rochefoucaul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Groupe BPCE
BPCE (for Banque Populaire Caisse d'Epargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth-largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets. It has more than 8,200 branches nationwide under their respective brand names serving nearly 150 million customers. Its wholesale banking subsidiary Natixis, previously a separately listed company, was delisted and came under full ownership of Groupe BPCE in 2021. BPCE 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. It is also designated as a global systemically important bank (G-SIB) by the Financial Stability Board. History In 2008 and early 2009, the French state provided around 7 billion euros of financial supp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Foncier De France
Crédit Foncier de France (, CFF) was a major French bank, active from 1852 to 2019 when its activities were entirely subsumed into Groupe BPCE, although the brand name appears to remain active. History The Crédit Foncier (English: landed credit) initially made loans to commune in France, communes. The movement was initiated by Louis Wolowski and Count Xavier Branicki, and sanctioned by Emperor Napoleon III of France, Napoleon III in 1852 in an attempt to modernize the medieval French banking system and expand French investment outside Europe. Its name became the "Banque Foncière of Paris". Similar institutions at Nevers and Marseille were amalgamated into one under the title of "Crédit Foncier de France". The amount of the loan could not exceed half of the value of the property pledged or hypothecated, and that the repayment of the loan was by an Annuity (finance theory), annuity, which included the interest and part of the principal, terminable at a certain date. The Crédi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal Savings System
Postal savings systems provide depositors who unbanked, do not have access to banks a safe and convenient method to save money. Many nations have operated banking systems involving post offices to promote saving money among the poor. History In 1861, Great Britain became the first nation to offer such an arrangement. It was supported by Sir Rowland Hill, who successfully advocated the penny post, and William Ewart Gladstone, then Chancellor of the Exchequer, who saw it as a cheap way to finance the public debt. At the time, banks were mainly in the cities and largely catered to wealthy customers. Rural citizens and the poor had no choice but to keep their funds at home or on their persons. The original Post Office Savings Bank was limited to deposits of £30 per year with a maximum balance of £150. Interest was paid at the rate of 2.5 percent per annum on whole pounds in the account. Later, the limits were raised to a maximum of £500 per year in deposits with no limit on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caisse Nationale D'Épargne
La Banque postale (, ) is a French postal bank, created on 1 January 2006 as a subsidiary of La Poste, the national postal service. It 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. Overview The bank provides service to over 10.8 million active private customers, as well as more than 400,000 customers businesses, professionals, social economy actors and local public sector bodies. The company is considered to be one of the leading lenders to local authorities, maintaining an expansive branch network in France consisting of over 17,000 contact points and 7,700 post offices. It is the only bank in France charged with the responsibility to implement banking services to the public under a legislative initiative to modernize the French economy in 2008. La Banque postale reports a net income of €5.602 billion, -2.5% relative to 2015. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caisse Des Dépôts Et Consignations
Caisse, a French word, may refer to: * Caisse Desjardins, an association of credit unions in Quebec * Caisse d'Epargne-Illes Balears, a road-bicycle racing team *Caisse de dépôt et placement du Québec The Caisse de dépôt et placement du Québec (, CDPQ; ) is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec. It was established in 1965 by an act of the ..., a public pension fund in Quebec * Caisse nationale suisse d'assurance en cas d'accidents, a Swiss insurer * Caisse de Stabilisation des Prix du Coton, a Chadian government agency * Mouvement des caisses populaires acadiennes, a credit union in the Canadian province of New Brunswick See also * Caïssa, a neoclassical goddess of chess * Kaissa, a chess program developed in the Soviet Union in the 1960s * Kaïssa, a Cameroon born world musician. * Caisson (other) {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protestantism In France
Protestantism in France has existed in its various forms, starting with Calvinism and Lutheranism since the Protestant Reformation. John Calvin was a Frenchman, as were numerous other Protestant Reformers including William Farel, Pierre Viret and Theodore Beza, who was Calvin's successor in Geneva. Peter Waldo (Pierre Vaudes/de Vaux) was a merchant from Lyon, who founded a pre-Protestant group, the Waldensians. Martin Bucer was born a German in Alsace, which historically belonged to the Holy Roman Empire, but now belongs to France. Hans J. Hillerbrand in his ''Encyclopedia of Protestantism'' claims the Huguenots reached as much as 15% of the French population on the eve of the St. Bartholomew's Day massacre, declining to 10-12% by the end of the 16th century, and further after heavy persecution began once again with the revocation of the Edict of Nantes by Louis XIV. Protestants were granted a degree of religious freedom following the Edict of Nantes, but it ceased with th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mount Of Piety
A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operation. The institutions called ''monte di Pietà'' originated in 15th-century Italy, where these institutions gave poor people access to loans with reasonable interest rates. It used funds from charitable donors as capital, and made loans to the poor so they could avoid going to exploitative lenders. Borrowers offered valuables as collateral, making the mount of piety more like a pawn shop than a bank. History The concept of Mount of Piety was first developed in 15th-century Italian cities as an early form of organized charity, intended as a reform against money lending and the related sin of usury associated with Cahorsins and Lombards. It was primarily promoted by Franciscans such as Barnabas of Terni, Bernardine of Feltre, and Michel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prefect (France)
A prefect (, plural , both ) in France is the State's representative in a Departments of France, department or Regions of France, region. Regional prefects are ''ex officio'' the departmental prefects of the regional Prefectures in France, prefecture. Prefects are tasked with upholding the law in the department they serve in, including controlling the actions of local authorities. Prefects are appointed by decree by the President of France when presiding over the Government of France, government's Council of Ministers, following a proposal by the Prime Minister of France, Prime Minister and the Minister of the Interior (France), Minister of the Interior. They serve at the government's discretion and can be replaced at any meeting of the Council of Ministers. To uphold the law, they are authorised to undertake a wide variety of actions, such as coordinating police forces, enforcing immigration rules, controlling authorities' finances, as well as suing local collectivities in the na ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vital Roux
Vital Roux (1766–1846) was a French businessman. He notably is co-founder of ESCP business school. Notes & references 1766 births 1846 deaths Barons of the First French Empire French businesspeople {{France-business-bio-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Mayer De Rothschild
Baron James Mayer de Rothschild (born Jakob Mayer Rothschild; 15 May 1792 – 15 November 1868) was a French banker and the founder of the French branch of the prominent Rothschild family. He was born in the Holy Roman Empire. Early life He was born as Jakob Mayer Rothschild in Frankfurt am Main, then part of the Holy Roman Empire. He was the fifth son and youngest child of Mayer Amschel Rothschild and his wife, Guttle Schnapper. Career In 1812, he moved to Paris to co-ordinate the purchase of specie and bullion for his brother Nathan Mayer Rothschild, and in 1814 and 1815, he was the linchpin in Nathan's plan to provide funds for Wellington's armies. In 1817, he expanded his family's banking empire to Paris, opening De Rothschild Frères. By 1823, the Parisian branch was firmly established as banker to the French government. As an adviser to ministers and kings, he became the most powerful banker in the country. Following the Napoleonic Wars, he played a major role in fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacques Laffitte
Jacques Laffitte (24 October 1767 – 26 May 1844) was a leading French banker, governor of the Bank of France (1814–1820) and liberal member of the Chamber of Deputies during the Bourbon Restoration and July Monarchy. He was an important figure in the development of new banking techniques during the early stages of industrialization in France. In politics, he played a decisive role during the Revolution of 1830 that brought Louis-Philippe, the duc d'Orléans, to the throne, replacing the unpopular Bourbon king Charles X. Laffitte was named president of the new Citizen King's Council of Ministers and Minister of Finances (2 November 1830 – 13 March 1831). After a brief ministry of 131 days, his " Party of Movement" gave way before the "Party of Order" led by the banker Casimir-Pierre Périer. Laffitte left office discredited politically and financially ruined. He rebounded financially in 1836 with his creation of the ''Caisse Générale du Commerce et de l'Industrie'', a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
