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Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. [4] It is also the sixth largest bank in Europe and the world's eighteenth. [4] It is considered to be a systemically important bank by the Financial Stability Board.
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Alain Plessis - Histoire des banques en France (French language) La Fédération Bancaire Française and l’Université de Paris X Nanterre; Véronique Chocron (9 May 2019) - Alors que la Société générale a perdu plus d’un million de clients en six ans, sa filiale Boursorama vise plus de 3 millions de comptes en 2021 le Monde
In 1999, BNP and Société Générale fought a complex battle on the stock market, with Société Générale bidding for Paribas and BNP bidding for Société Générale and counter-bidding for Paribas. BNP's bid for Société Générale failed, while its bid for Paribas succeeded leading to a merger of BNP and Paribas one year later on 23 May ...
The Société générale de crédit industriel et commercial was founded on 7 May 1859, mainly on the initiative of banker Armand Donon who was supported by the politically influential Duke of Morny, as a competitor to the Pereire brothers's Crédit Mobilier on the model of successful British depository banks such as the London and Westminster Bank.
The Crédit Mobilier (French pronunciation: [kʁedi mɔbilje]; officially the Société Générale du Crédit Mobilier [sɔsjete ʒeneʁal dy kʁedi mɔbilje], lit. ' general company for movable [collateral-backed] credit ' ) was a French banking company created in 1852 by the Pereire brothers , and one of the world’s most significant and ...
In 1998, it was privatised again and bought by the Crédit Commercial de France, owned by HSBC. [1] In 2001, online banking was added to the website. [1] In 2008, it was bought by Banque Populaire. [2] It was sold to Crédit du Nord (a member of the Société Générale group) in 2010. Since then, all Credit du Nord agencies in the south of ...
In 1929, a bank financial report stated that ‘the Bank is clearly emerging from its role as a popular bank’. Thus, the bank changed its status from a "société coopérative de banque populaire à capital variable" to a "société coopérative de banque populaire à capital fixe", which enables it to significantly increase its capital.