#Societe Generale

[guineamarket]

El banco Société Générale vende sus filiales en Guinea Ecuatorial y otros países africanos

El banco Société Générale vende sus filiales en Guinea Ecuatorial y otros países africanos

Société Générale ha anunciado la celebración de acuerdos con dos grupos bancarios africanos para venderles cuatro de sus filiales que se encuentran en Congo, Guinea Ecuatorial, Mauritania y Chad. Société Générale anunció el viernes la celebración de acuerdos con dos grupos bancarios africanos para venderles cuatro de sus filiales. Dos estarán en Congo y Guinea Ecuatorial en el grupo Vista, los…

[soumyapanda28]

Top 10 banks of France

As one of the driving budgetary markets within the European locale, France gloats a strong managing an account framework with over 400 banks right now working within the nation. With the French managing an account and monetary framework being evaluated as steady by the credit rating organization Moody's, it's no ponder that France proceeds to draw in financial specialists and business visionaries from over the globe. In this comprehensive direct, we take a closer see at the beat 10 banks in France, advertising experiences into their history, operations, and the administrations they give. So, without encourage ado, let's jump in!

BNP Paribas

History and Outline

Set up in 1848, BNP Paribas is the most seasoned bank working in France. With a nearness in 74 nations, the bank utilizes around 192,000 people and covers all viewpoints of keeping money around the world. BNP Paribas appreciates the beat position in Europe and is known for its steady credit quality and quality in liquidity and resource administration.

Services Offered:

BNP Paribas caters to a wide run of clients, advertising administrations such as retail managing an account, corporate managing an account, loaning, exchange counseling, riches administration, and protections. Moreover, the bank has dynamic finance administration administrations in a few European markets, making it a comprehensive money related institution for all managing an account needs.

Crédit Agricole

History and Outline

Established in 1894, Crédit Agricole has developed to utilize over 10,000 people and is headquartered in Mont Rouge. As a freely recorded company, the bank serves more than 52 million clients around the world and is known for its solid nearness in Europe and other universal markets.

Services Offered:

Crédit Agricole gives a wide range of money related items and administrations, counting retail managing an account, corporate protections, and venture keeping money. With a customer-centric approach, the bank endeavors to meet the assorted needs of its clients, making it one of the beat banks in France.

BPCE

History and Diagram

BPCE is one of France's driving banks, with its central command in Paris. Utilizing over 117,000 people, the bank serves more than 36 million clients, advertising a wide extend of keeping money and budgetary items.

Services Offered:

BPCE caters to its clients by giving different managing an account and monetary arrangements, such as venture administrations, cash administration, and overhauling budgetary arrangements. With a commitment to great client benefit, BPCE proceeds to be a best choice for managing an account in France.

Societe Generale

History and Diagram

Societe Generale is another noticeable bank in France, headquartered within the capital city of Paris. With around 146,000 representatives, the bank includes a solid center on retail managing an account arrangements and has extended its administrations to incorporate advance syndication and privatemanaging an account.

Services Offered:

As a driving monetary institution, Societe Generale offers a wide extend of administrations, counting retail keeping money, corporate managing an account, speculation keeping money, resource administration, and protections. With a solid commitment to client fulfillment, Societe Generale proceeds to be a well known choice for keeping money in France.

Groupe Crédit Mutuel-CIC

History and Outline

Built up in 1645, Groupe Crédit Mutuel-CIC is the most seasoned bank right now working in France. Gloating an representative quality of around 70,000 over 4,000 branches, the bank contains a assorted item extend that caters to different client needs.

Services Offered:

Groupe Crédit Mutuel-CIC offers a comprehensive suite of money related administrations, counting individual and private keeping money, genuine bequest loaning, and innovative administrations. With a solid center on client fulfillment, the bank remains a beat choice for managing an account in France.

Crédit Mutuel

History and Outline

Crédit Mutuel was established in 1645 beneath a organization structure and is headquartered in Strasbourg. With over 10,000 representatives, the bank serves a client base of 8 million around the world, making it a conspicuous player within the French keeping money division.

Services Offered:

Crédit Mutuel offers a wide extend of monetary administrations, counting retail keeping money, corporate managing an account, venture keeping money, resource administration, and protections. With a solid commitment to client fulfillment, the bank proceeds to be a prevalent choice for managing an account in France.

Crédit Coopératif

History and Diagram

Crédit Coopératif is one of the agreeable banks working in France, set up in 1989. Utilizing a staff of around 2,000 people, the bank's essential objective is to create shared organizations, little businesses, exchange affiliations, and work committees.

Services Offered:

Working as a secretly held institution, Crédit Coopératif offers a run of budgetary administrations custom-made to wants of its clients, counting retail managing an account, corporate keeping money, speculation managing an account, and riches administration. With a solid center on client fulfillment, the bank remains a beat choice for managing an account in France.

La Banque Postale

History and Outline

La Banque Postale, established in 2006, could be a auxiliary of La Poste, France's national postal benefit. Headquartered in Paris, the bank utilizes 27,000 people and specializes in retail managing an account, protections, and resource administration.

Services Offered:

La Banque Postale offers a extend of budgetary administrations, counting reserve funds accounts, advances, and insurance products. With a solid commitment to client fulfillment, the bank proceeds to be a well known choice for keeping money in France.

AXA Banque

History and Diagram

Set up in 2002, AXA Banque works in 64 nations, serving over 100 millionclients. With an worker number of 150,000+, the bank offers a wide run of money related administrations, including savings accounts, genuine domain administrations, and individual credits.

Services Offered:

AXA Banque gives a comprehensive suite of budgetary items and administrations, catering to the assorted needs of its clients. With a solid commitment to client fulfillment, AXA Banque proceeds to be a best choice for managing an account in France.

Crédit du Nord

History and Diagram

Crédit du Nord, established in 1848, is headquartered in Lille and serves around 1.5 million clients over more than 700 stores. As a chain of a few banks working within the nation, the bank is basically claimed by Societe Generale.

Services Offered:

Crédit du Nord gives a wide run of money related administrations, counting retail keeping money, corporate managing an account, venture managing an account, and riches administration. With a solid commitment to client fulfillment, the bank proceeds to be a well known choice for managing an account in France.

Conclusion

France is home to a few of the foremost well-established and strong banks in Europe, giving a wide extend of monetary administrations to cater to the assorted needs of people and businesses alike. With a steady managing an account foundation and a commitment to client fulfillment, these best 10 banks in France proceed to pull in financial specialists and business visionaries from over the globe. Whether you're looking to open a personal account, oversee your commerce funds, or contribute within the French advertise, these banks give a strong establishment for your budgetary needs.

[inprimalinie]

Birourile Societe Generale, percheziționate sub suspiciunea de evaziune fiscală

După cum relatează publicația Handelsblatt, este vorba despre tranzacționarea acțiunilor eligibile pentru dividende. Georgiana Arsene Agențiile de aplicare a legii din Germania și Franța au percheziționat birourile băncilor BNP Paribas, Societe Generale, HSBC și ale altor instituții financiare, fiind suspectate de evaziune fiscală. Acest lucru a fost raportat marți de ziarul Handelsbaltt, citat…

[reportwire]

European banking stocks sink as Silicon Valley Bank jitters spread

European banking stocks sold off sharply in early trade Friday as jitters surrounding U.S. bank SVB Financial — which plunged 60% Thursday — spread around the world. It followed an announcement by the tech-focused lender of a capital raise to help offset bond sale losses. The Euro Stoxx Banks index was on pace for its worst day since June, led by a decline of more-than 8% for Deutsche…

[multilingual-wannabe]

french youtube channel recs

POLITICS/CURRENT AFFAIRS/PANELS/GENERAL CULTURE

C Dans L’air various newsy stuff, I like the panel discussions https://www.youtube.com/c/Cdanslairofficiel

Popcorn - panel show general faits divers, skewing a lot younger than some of these others https://www.youtube.com/channel/UCnyR4T5qpgOrWGcQU6Jinkw/featured

INA is the Institut national d’audiovisuel and they are a content monster. This is just one channel, of stuff from Thierry Ardisson’s talkshow but go to the “Channels” tab to see all the other INA channels, there’s enough there alone to keep you going forever https://www.youtube.com/c/InaArditube

Hugo Décrypte - probably very well know already, news of the day aimed I guess at the youth, one of my faves https://www.youtube.com/c/HugoD%C3%A9crypte

Ça commence aujourd’hui General interest slice of life interviews, like morning TV https://www.youtube.com/c/%C3%87acommenceaujourdhui/videos

Mediapart https://www.youtube.com/c/mediapart

Pascal Boniface some kind of random ex-diplomat/think tank dude who talks about the geopolitical issues du jour https://www.youtube.com/channel/UC4VOE8jQPWUPp4PpNK8zhIg

Le Parisien only short videos of a few minutes but an interest selection of local Paris news https://www.youtube.com/c/LeParisien

Le Monde obvs https://www.youtube.com/c/lemondefr

Les Dessous des cartes - ARTE (there are a lot of ARTE related channels worth checking out) https://www.youtube.com/c/LeDessousdesCartesARTE

Ça se discute https://www.youtube.com/c/%C3%A7asediscute/videos

BOOK VLOGGERS

Mrs Bookyarmand https://www.youtube.com/channel/UC0zQ-Sw3GQwmAwPc3EJMYrw

Pikiti Bouquine https://www.youtube.com/c/Pikitibouquine

La bouquinade https://www.youtube.com/c/Labouquinade/videos

Rêve ta vie en lecteur https://www.youtube.com/c/R%C3%AAvetaVieenLecteur

L’art du thriller https://www.youtube.com/c/LesCulottesNoires

BookTrip https://www.youtube.com/c/ReadTrip

Fruit Reader https://www.youtube.com/c/FruitReader

Younggiftedandblack https://www.youtube.com/c/MarinaNtsonga

Bulle Douceur Livresque https://www.youtube.com/channel/UCoL-QO8RDjKQNGE2eVcua2g

Antastesialit https://www.youtube.com/c/Antastesialit

La Grande Librarie long running tv show about books, interviews with authors https://www.youtube.com/user/lagrandelibrairie

HISTORY/EXPLAINERS/GENERAL DOCUMENTARIES/SCIENCE

Nota Bene really love this one, variety of different history/science/historical mysteries. I would buy his t shirt if it was in French but it is in English mon dieu! https://www.youtube.com/c/notabenemovies

Toute L’Histoire https://www.youtube.com/c/ToutelHistoireofficiel

Poisson Fecund https://www.youtube.com/user/PoissonFecond

Mamytwink https://www.youtube.com/user/mamytwink

Investigations et Enquetes huge range of long form documentaries, more straight topics and also a fair bit of “paranormal investigations” if that is your jam https://www.youtube.com/c/InvestigationsetEnqu%C3%AAtes Others like this are:

Documentaries Societe https://www.youtube.com/channel/UCYFI5PGuw_34XaA3SGDkQOQ

Imenio Documentaires https://www.youtube.com/user/imineoDocumentaire

Enquetes et reportages https://www.youtube.com/channel/UC7DHcyYJpGiSO0NIE7w_Eug

100 idées de culture generale https://www.youtube.com/channel/UC781HeW_j67wRZ5pqSmLpHQ

Le Precepteur Philosophy https://www.youtube.com/c/LePr%C3%A9cepteurOfficiel

Secrets de l’histoire officiel https://www.youtube.com/c/SecretsdHistoireOfficiel/videos

La Folle Histoire https://www.youtube.com/c/LaFolleHistoire/videos

Passé sauvage https://www.youtube.com/c/Pass%C3%A9sauvage

Destins really long (~2 hrs) deep dive profiles of famous french people https://www.youtube.com/channel/UC0EqF6QesMfPF5hat0mIKOg

Linguisticae linguistics/languages https://www.youtube.com/c/Linguisticae

AstronoGeek “une chaîne dédiée à la vulgarisation de l'astronomie. “ https://www.youtube.com/c/AstronoGeek

L’Histoire nous le dira https://www.youtube.com/c/LHistoirenousledira

StringTheoryFR https://www.youtube.com/c/StringTheoryFR/featured

Hygiene Mentale https://www.youtube.com/c/Hygi%C3%A8neMentale/featured

Le Réveilleur climate change/environment https://www.youtube.com/c/LeR%C3%A9veilleur

FILM/TV/THEATRE

La Comedie Francaise https://www.youtube.com/user/LaComedieFrancaise

Gigawatts lore of comic book heroes (I think) https://www.youtube.com/c/Gigawatts

Le Fossoyeur de films https://www.youtube.com/user/deadwattsofficiel

FilmACTU this is all bande annonces (trailers), quite cool to see all the new films/games in French https://www.youtube.com/c/FilmsActu

NetflixFrance I single this out as an official channel because it has vox pops (on the topic of netflix shows naturally) with accurate subs https://www.youtube.com/c/NetflixFrance

La Manie Du CInema https://www.youtube.com/c/LaManieDuCin%C3%A9ma

Videodrome https://www.youtube.com/c/VIDEODROMESC

Cinema et politique https://www.youtube.com/c/Cin%C3%A9maetpolitique/videos

IN THE PANDA https://www.youtube.com/c/INTHEPANDA

MATH https://www.youtube.com/user/MathSeFaitDesFilms

ANIMALS/NATURE

Christian L Biodiversité https://www.youtube.com/user/samy1on

Nat Geo Wild France and Nat Geo France wish these were longer https://www.youtube.com/c/NatGeoWildFrance

SPORT

Les videos des Riles soccer but also TV and general stuff, I find his voice very soothing to listen to for some reason https://www.youtube.com/c/LesVid%C3%A9osdeRiles

Talk My Football https://www.youtube.com/c/TalkMyFootball

MUSIC

Nostalgies 60s70s80s because everyone needs a cheesy old music video now and then and it might as well be French https://www.youtube.com/channel/UCmVaIULmAmz_2b2fEJwz3xg

La fête de la chanson francaise https://www.youtube.com/c/Laf%C3%AAtedelachansonfran%C3%A7aise

TRUE CRIME

Faites entrer l’accusé https://www.youtube.com/channel/UCrjIfq-eWK9BTUhPgQ2IFFg

RevelateurX https://www.youtube.com/c/RevelateurX

Zélia https://www.youtube.com/channel/UClr5mpCfgQ9mgzZfJbPvK1w

Crime District https://www.youtube.com/user/ABcinerama

Serial Killer docs https://www.youtube.com/channel/UCwgz2Ks0NDjvE7Wt6JWAOXw

GENERAL LIFE/TRAVEL VLOGGERS (I wouldn’t watch any of this sort of thing in English but they’re good for French)

Le Corps La Maison L’esprit https://www.youtube.com/c/LeCorpsLaMaisonLespritLaetitia00

Le coin d’elodie ​​https://www.youtube.com/c/lecoindelodie/videos

Margaud Liseuse https://www.youtube.com/channel/UCP2X3cVGXP0r56gOGhiRDlA

Robin du Garage https://www.youtube.com/c/RobinduGarage

Gabriel Goddyn https://www.youtube.com/c/GabrielGoddyn

Gregoire Dossier https://www.youtube.com/c/Gr%C3%A9goireDossier

Fred in French https://www.youtube.com/c/FredinFrench/videos

Emilio Abril https://www.youtube.com/c/EmilioAb

Julien Fabro https://www.youtube.com/channel/UCwCU29EADyPqr-LkngkKE3w

MISC

Pascal Haumont advice on public speaking techniques https://www.youtube.com/c/PascalHaumont

Le Tour de France des Fromagers yeah it's all about cheese! https://www.youtube.com/c/LeTourdeFrancedesFromagers/videos

Khan Academy Francophone not gonna lie, don't actually watch these but if you are into MATHS and stuff …. https://www.youtube.com/user/KhanAcademyFrancais

LANGUAGES, not for French learners but in French, for learners

Progresser en Japonais https://www.youtube.com/c/ProgresserenJaponais

[stricklandvintagewatches]

Vibrant advertising poster for Helvetia, a subsidiary of “Societe d’Horlogerie La Generale of La Chaux de-Fonds – designed by renowned Swiss poster designer Donald Brun and printed by Wassermann in Basel, Switzerland circa 1946.

#vintagewatchad#watchposter

[xtruss]

What Are the Secret Societies Pulling Global Strings?

Media reports recently offered a rare glimpse into the shoulder rubbing and deal making that takes place at gatherings of Europe’s Most Secretive Organization – the Institut International d’Etudes Bancaires. However, sensitive issues related to global policymaking are hardly the prerogative of this gilded banking society.

The influential financial forum for exchanging ideas between Europe’s most connected financiers – The Institute International d’Etudes Bancaires (International Institute for Banking Studies, or IIEB) – met for one of its biannual secret meetings in October 2023, at Zurich’s Dolder Grand Hotel, the Financial Times reported. The exclusive and secretive networking that goes on at the luxury locations of the get-togethers of the IIEB forum, which is also an elite social club where bank bosses mingle with an array of guests ranging from presidents and prime ministers to royalty, was described as more exclusive than Davos.

The history of highly influential “Secret Societies” goes back far into history. Sputnik has taken a look at some of these mysterious private platforms.

'Not Like Davos': European Bank Bosses 'Rub Shoulders' With VIPs at Secret Forum! The Institut International d’Etudes Bancaires (International Institute for Banking Studies, or IIEB) remains Europe’s most secretive organization, where bank bosses "rub shoulders" with a whole array of VIP guests, such as central bankers, presidents, prime ministers and royalty, the Financial Times (FT) has reported.

"This is not like Davos, where anyone can buy their way in. This really is exclusive," an unnamed IIEB member told the FT, referring to annual meetings of the World Economic Forum in the Swiss town Davos.

Twice a year, the IIEB brings together the heads of Europe’s biggest banks who discuss a number of sensitive issues related to global policymaking at posh hotels and royal palaces across the continent. Notably, the organization has no website, with membership, agendas and minutes not made public. On top of that, members are reportedly discouraged from sharing details of the discussions.

Apart from being the influential financial forum, the IIEB reportedly remains an elite social club where the bankers and their partners enjoy "gala dinners, private tours of historic landmarks and high-end shopping trips."

The IIEB was founded in Paris in 1950 by the heads of four European lenders: France’s Credit Industriel et Commercial, Union Bank of Switzerland, Societe Generale de Belgique and Amsterdamsche Bank.

The initial goal was to bolster international capital movements and tackle currency controls amid greater interference from national governments in the financial system. The late 1990s, however, saw the IIEB talks focus on the impact of the euro, the growing derivatives market and M&A deals between big banks.

— Oleg Burunov | February 12, 2024 | Sputnik International

Skull and Bones

One of the most famous of all Ivy League secret societies, steeped in mysterious rituals and symbols, is Skull and Bones. This society of senior (fourth-year undergraduate) students at Yale University in New Haven, Connecticut, was founded in 1832 by William Huntington Russell and Alphonso Taft. The club chooses 15 new members annually, with those selected referred to as Bonesmen and Boneswomen. All of the members are sworn to secrecy. Initially, it was created for members of the richest and most influential families in the United States. Many members went on to become wealthy and famous business leaders of the world, with the Vanderbilts and Rockefellers Having Reportedly All Been Members of the Society. Three members – William Howard Taft, George H.W. Bush, and George W. Bush – Went on to Become US presidents.

In this Sept. 2003 File Photo, Yale's Secret Society, Skull and Bones' Clubhouse or "Tomb" as it is known, is seen on the Yale University Campus in New Haven, Connecticut. © AP Photo/Bob Child

Bohemian Club

Originally founded in 1872 by a group of San Francisco journalists, writers, actors, and lawyers as a fellowship of those positioning themselves as “free thinkers and liberals,” the Bohemian Club went on to become one of the most exclusive men’s clubs (or secret societies) in the US. While membership lists are guarded, it is known that writers like Mark Twain and Jack London were among its early joiners, with Henry Kissinger, George H. W. Bush, Ronald Reagan, and CEOs of many Fortune 500 companies believed to have been in attendance at the gatherings.

The club has a vast property known as Bohemian Grove, where the elite are said to gather once a year to socialize and share their thoughts on "running the world."

War Criminal, Republican Presidential Hopeful and Texas Governor George W. Bush speaks to members and friends of the Charleston Rotary Club during a campaign sweep of South Carolina Wednesday, August 25, 1999 in North Charleston, South Carolina. © AP Photo/Lou Krasky

Rotary Club

The Rotary Club (or Rotary International), was founded in 1905 as the world’s first service club. At the time, attorney Paul P. Harris met with three of his business acquaintances in Chicago, Illinois. The name “Rotary” was chosen in reference to the practice of meeting in rotation at the members’ various places of business. Now the international non-governmental association unites Rotary clubs around the world. Rotary clubs position themselves as non-religious and non-political “charitable organizations” open to everyone regardless of nationality, race, religion, or political views. There are over 46,000 of these “clubs” around the world. The main mottos of Rotary International are “Service Above Self” and “One Profits Most Who Serves Best.”

Council on Foreign Relations

Established in 1921, the Council on Foreign Relations (CFR), headquartered in New York City and with offices in Washington, DC, is a branch of the Carnegie Endowment for Universal Peace (added by Russia's Ministry of Justice in 2023 to the list of "foreign agents.") Specializing in US foreign policy and international relations, it is believed that its creator was the most powerful American banker, J.P. Morgan. At the time of its establishment, the US Senate had blocked then-President Woodrow Wilson’s bid to have America join the League of Nations. The CFR’s invitation-only members, which have included senior politicians, numerous secretaries of state, CIA directors, bankers, lawyers, professors, corporate directors and CEOs, and senior media figures, must be US citizens or permanent residents and nominated by a current member for consideration to join the organization.

The task of the council, passed off as an American think tank, is believed to be to exert “Behind the Throne" power to Shape the World to Washington’s Economic and Political Liking. Numerous top US government officials are thought to have been drawn from its ranks. After WW2, the council was turned into a major strategic center. Incidentally, the initiative to launch a “preemptive” nuclear strike on the Soviet Union was conceived in the bowels of this organization. Members of the council have included many Pentagon and NATO generals, as well as top figures from the CIA and other intelligence agencies. This same council has included such ideologists as Allen Dulles (from 1933 to 1944 - secretary of the council, from 1945 to 1950 - president of the council), Zbigniew Brzezinski (director of the council from 1972 to 1977), Henry Kissinger (board director from 1977 to 1981), and Richard Pipes.

George Soro

Bilderberg Club

The secretive Bilderberg Club is an annual off-the-record meeting of North American and European elites established in 1954. It takes its name from the Hotel de Bilderberg in Oosterbeek, the Netherlands, where its members first convened at the invitation of Prince Bernhard of Lippe-Biesterfeld. The enigmatic Polish scholar Jozef Retinger was one of its founders. The aim was to bring closer the elite of North America and Western Europe beyond the political spotlight, offering a "debating society" venue. The organization consists of at least 150 members who are invited by its "steering committee." The forum brings together analysts, politicians, financiers, and intellectuals. One third of the club's members are North Americans, the rest are Europeans. Since the location, participants, and topics of discussion were kept under wraps, conspiracy theories swirled, claiming that the Bildelberg Group is a ‘shadow world government’ that rules the world.

Club of Rome

The Club of Rome was founded at Villa Farnesina in Rome in April 1968 by Aurelio Peccei, an Italian industrialist, and Alexander King, a Scottish scientist. Scientists, political and public figures come together to brainstorm all manner of tactics and strategies here.

Trilateral Commission

The US Council on Foreign Relations played a fundamental role in the formation of the Trilateral Commission in 1973 at the initiative of the Bilderberg Club. The idea of such an organization was articulated by Brzezinski in his book Between Two Ages: America's Role in the Technetronic Era.

Its name “Trilateral Commission” reflects the fact that from the very beginning, it was conceived as an organization in which “the best minds in the world” (as per its founder David Rockefeller), representing the US, Western Europe, and Japan (now including all of Asia Pacific) could discuss problems and "decide the fate of the world." President of Chase Manhattan Bank David Rockefeller ( member of the Bilderberg Steering Committee and inspirer of the US Council on Foreign Relations) became president of the Trilateral Commission, and Zbigniew Brzezinski became executive director. The commission was tasked with encouraging cooperation between the elites of the US, Europe, and Japan. To best coordinate activities, three headquarters were created in Washington, Paris, and Tokyo. Today, the annual meeting of Trilateral Commission members rotates among the three regions: North America, Europe, and Asia-Pacific. Annual plenary sessions include prominent politicians, bankers, and directors of major enterprises, acting as an 'advisory body' to world governments.

Club of Budapest

The Club of Budapest was founded in 1993 by Hungarian-born philosopher Ervin Laszlo, a member of the Club of Rome. The idea of the club for people of the arts, literature and culture was presented as a “democratic” venue for thrashing out “a new way of thinking” to face 21st century challenges. Its touted goal is to create “global cultural consciousness.” It boasts branches in 17 countries.

Ukrainian President Petro Poroshenko (Second Left) and George Soros (Right), Founder and Chairman of the Open Society Foundations, during a meeting in Kiev. © Sputnik/Nikolay Lazarenko/Go to the Mediabank

World Economic Forum

The annual World Economic Forum (WEF) gathering in Davos, Switzerland, is renowned as an exclusive club for the rich and powerful. The WEF has been led since its founding in 1971 by 82-Year-Old Swiss Economist Klaus Schwab, author of The Fourth Industrial Revolution and COVID-19: The Great Reset.

The international non-governmental and lobbying organization typically holds its most highly-anticipated event annually at the Swiss alpine resort town of Davos. Gaining entry to the Davos event reportedly costs about $28,000.

While the WEF is touted by some as a platform for decision-makers to discuss global problems, the growing chorus of critics has slammed the forum for an alleged lack of financial transparency, and for turning into a technocratic globalist elitist club seeking to dictate rules for the rest of the world. In 2023, several of the world's most influential leaders opted to skip the WEF, including Russian President Vladimir Putin, Chinese President Xi Jinping, French President Emmanuel Macron, and US President Joe Biden.

Even the notorious influential philanthropist George Soros, a 93-year-old billionaire who has been a Key Figure of Western Soft Power Campaigns for decades, spending vast sums of money to help install US-aligned political leaders in Eastern Europe, also skipped the event due to an unspecified “unavoidable scheduling conflict.”

— Svetlana Ekimenko | Sputnik International | February 17, 2024

[beleaf-blockchain-company]

Societe Generale has achieved a historic milestone as the first major bank to launch a stablecoin on the Ethereum blockchain. This move highlights the intersection of traditional banking with decentralized finance (DeFi), showcasing and increase the recognition of blockchain technology in the financial sector.

[truthblockchain]

Frances Third Largest Bank Issues Green Digital Bond On The Blockchain

Societe Generale, France's third-biggest listed bank, said on Monday it issued its first so-called digital green bond on a public blockchain, as the lender seeks to build expertise in crypto services.

The inaugural transaction amounts to 10 million euros ($10.87 million) worth of senior preferred unsecured bonds with a maturity of 3 years, the bank said.

AXA Investment Managers, the investment arm of France's biggest insurance company AXA and Generali Investments, its equivalent for Italian insurer Generali fully subscribed the related security tokens, through private placement, SocGen said.

https://www.usnews.com/news/technology/articles/2023-12-04/socgen-issues-10-million-euro-digital-green-bond-on-a-public-blockchain

[timesofinnovation]

The European Union is on the brink of significant regulatory changes that promise to reshape the landscape for stablecoins. With the implementation of the Markets in Crypto-Assets Regulation (MiCA) slated for December 30, 2024, this legislation is set to provide a comprehensive framework for managing digital assets. By establishing clear rules around stablecoin issuance, reserve management, and redemption protocols, MiCA aims to enhance market stability while prioritizing consumer protection. Stablecoins, a type of cryptocurrency pegged to a stable asset such as fiat currency, have gained popularity for their ability to mitigate the volatility typical of cryptocurrencies like Bitcoin or Ethereum. However, the rapid rise of these digital assets has emerged alongside concerns regarding their potential impact on the broader financial ecosystem. MiCA seeks to address these concerns, setting a benchmark that other jurisdictions may follow as they develop their regulatory approaches. One of the key components of MiCA is its strict standardization of stablecoin operations. Major cryptocurrency players, such as Binance, recognize the potential of MiCA to not only govern European markets but also to serve as a global benchmark, influencing regulations worldwide. In its announcements, Binance has highlighted that clear rules on stablecoins will foster greater transparency and predictability, which are vital for building trust in this developing sector. Despite the extended appeal of these regulations, they present challenges, particularly for smaller firms and decentralized finance (DeFi) protocols. MiCA's provisions require organizations to comply with the same licensing and Know Your Customer (KYC) standards mandated for traditional financial services. This raises valid concerns regarding the ability of smaller, innovative firms to navigate hefty compliance burdens that could stifle creativity and innovation in this burgeoning field. Furthermore, MiCA includes a ban on algorithmic stablecoins—a move designed to avert potential failures reminiscent of the catastrophic collapse of Terra USD (UST) in 2022. The collapse not only affected investors who lost significant sums but also triggered widespread fears about the stability of cryptocurrency markets as a whole. By prohibiting algorithmic stablecoins, MiCA aims to protect investors and fortify the stability of the financial system. As major financial institutions prepare for this regulatory shift, they have already begun aligning their strategies with the requirements laid down in MiCA. For instance, Societe Generale, one of France's leading banking groups, is in collaboration with Bitpanda to introduce the EUR CoinVertible stablecoin—a digital asset compliant with MiCA. This proactive approach signifies a commitment to adhering to new regulations while ensuring their offerings meet the evolving expectations of customers. Beyond its regulatory implications, MiCA could also drive innovations within the financial sector. By setting a solid framework, companies may find new opportunities to develop compliant financial products that cater to a digital-savvy consumer base. Increased compliance could lead to a higher level of security and trust in digital transactions, thus potentially expanding the market share of crypto-related financial services. In summary, as MiCA approaches its implementation date, the stakes continue to rise for both established financial institutions and emerging crypto entities. The potential for a standardized regulatory framework promises to enhance transparency and stability in a rapidly changing landscape. Nevertheless, the impact of these regulations will be felt across the entire crypto ecosystem, as businesses adapt to new compliance requirements while innovating within a structured environment. By providing a clear regulatory framework for stablecoins, the EU's MiCA could play a pivotal role in shaping the future of digital assets, ensuring that they contribute positively to the broader financial system while safeguarding consumer interests.

[ryz-market]

 Afcons Infrastructure raises Rs 1,621 crore from anchor investors, IPO to hit Dalal Street on October 25

Shapoorji Pallonji group-owned Afcons Infrastructure has mopped up Rs 1,621.5 crore from 80 institutional investors via anchor book on October 24. The Rs 5,430-crore initial share sale will hit Dalal Street on October 25.

The IPO is a combination of fresh issuance of Rs 1,250 crore by the company, and an offer-for-sale of Rs 4,180 crore worth shares by its promoter Goswami Infratech. The price band for the issue, which closes on October 29, has been fixed at Rs 440-463 per share.

The engineering and construction company in its filing to exchanges said it has finalised allocation of 3,50,21,597 equity shares to anchor investors at a price of Rs 463 per share.

Marquee global investors like Monetary Authority of Singapore, Blackrock, PGGM World Equity, Fidelity, Goldman Sachs, The Master Trust Bank of Japan, Nomura, BNP Paribas, East Bridge Capital Master Fund, Brinker Capital, Societe Generale, Morgan Stanley, and Florida Retirement System participated in the anchor book on Thursday.

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[economicstimes]

Commercial Bank of Dubai PSC v. Bank of America NA et al: Discovery Application (England)

Application by Commercial Bank of Dubai PSC, of Dubai, United Arab Emirates, to take discovery from Bank of America, N.A., Bank of Communications, Barclays Bank PLC, BNP Paribas New York, Citibank, N.A., Deutsche Bank AG,

Deutsche Bank Trust Company Americas, HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Mashreqbank pcs, Mizuho Bank, Ltd. – NY, Société Générale, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, The Bank of New York Mellon, The Northern Trust Company, UBS AG, Wells Fargo Bank, N.A.,

The Clearing House Payments Company L.L.C. for use in legal proceedings in England alleging fraud against Abdalla Al Sari, Majid Al Sari, Mohamed Al Sari, described as “Emirati nationals and members of the wealthy Al Sari family”; FAL Oil Co LLC, Investment Group Private Limited, IGPL General Trading LLC, Hamad Almheiri,

Globe Investment Holdings Limited, MAS Capital Holdings Limited, all of the UAE, and MENA Investment Holdings Limited, of the British Virgin Islands, filed at the U.S. District Court for the Southern District of New York.

Petitioner is authorized to serve subpoenas for document production, substantially in the form annexed as Exhibit A to the Petition, on Bank of America, N.A., Bank of Communications, Barclays Bank PLC, BNP Paribas New York, Citibank, N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, HSBC Bank USA,N.A., JPMorgan Chase Bank, N.A.,

Mashreqbank pcs, Mizuho Bank, Ltd. NY, Societe Generale, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, The Bank of New York Mellon, The Northern Trust Company, UBS AG, and Wells Fargo Bank, N.A., and The Clearing House Payments Company L.L.C. (together, "Respondents"). c) Respondents shall comply with such subpoenas in accordance with the Federal Rules of Civil Procedure and the rules and orders of this Court. The Clerk of Court is directed to terminate the pending motion at docket entry 9. 

Defendants/Respondents:

Bank of America N.A., Bank of Communications, Barclays Bank PLC, BNP Paribas New York, Citibank N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, HSBC Bank USA N.A., JPMorgan Chase Bank N.A., Mashreqbank pcs, Mizuho Bank, Ltd. – NY, Société Générale, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, The Bank of New York Mellon, The Northern Trust Company, UBS AG, Wells Fargo Bank N.A., The Clearing House Payments Company LLC

[news-today-florial-blog]

Northern Arc Capital IPO: A Strong Contender in the Market

Northern Arc Capital IPO, a non-banking financial institution (NBFC), has garnered significant attention from market analysts who recognize its strong demand and profitability in the financial sector. On the cusp of its initial public offering (IPO), the company revealed that it secured ₹229 crore from a range of esteemed anchor investors. The anchor investors list includes SBI General Insurance Company, SBI Life Insurance Company, Reliance General Insurance Company, Kotak Mahindra Life Insurance Company, Goldman Sachs (Singapore) Pte., Societe Generale, and Quant Mutual Fund. Northern Arc Capital IPO Details and Timeline The Northern Arc Capital IPO opened for public subscription on September 16 and closed on September 19. The price band for the offering was set between ₹249 and ₹263 per equity share, with the minimum bid size being 57 equity shares, followed by multiples of the same thereafter. The company structured its IPO with a balanced allocation across investor categories: - 50% of the shares were reserved for qualified institutional buyers (QIBs), - 15% for non-institutional investors (NIIs), - 35% for retail investors. Additionally, Northern Arc Capital allocated 590,874 shares for employees at a discounted price of ₹24 per share. Northern Arc Capital IPO Robust Subscription Demand The IPO witnessed immense demand from investors, leading to a total subscription of 110.91 times by the fourth day. Data from the Bombay Stock Exchange (BSE) highlights that: - The retail investor portion was subscribed 31.08 times. - The NII segment saw subscriptions totaling 142.41 times. - The QIB portion attracted significant interest, with a subscription rate of 240.79 times. - Even the employee category, though smaller in size, was subscribed 7.33 times. The IPO received a total of 2,38,22,43,807 bids against an offer of 2,14,78,290 shares, according to data from the BSE. Northern Arc Capital IPO Day-by-Day Subscription Progress Northern Arc Capital's IPO showed remarkable traction throughout its subscription period. On the third day, the issue was subscribed 20.18 times, and by the second day, it had already reached 9.99 times subscription. The IPO had a solid start on its opening day, with a subscription rate of 2.87 times, underscoring strong investor confidence in the company from the outset. Northern Arc Capital IPO Grey Market Premium (GMP) Trends The grey market premium (GMP) for Northern Arc Capital's shares has been a subject of keen observation among market participants. As of September 21, the GMP for the IPO stood at ₹128 per share, according to investorgain.com. This indicates that Northern Arc Capital shares were trading at a premium of ₹128 over their issue price in the grey market. Given the upper end of the price band at ₹263 per share, the current GMP suggests an estimated listing price of ₹391 per share, representing a 48.67% premium over the issue price. Historically, IPOs with a strong GMP trend often indicate positive market sentiment and potential listing gains. GMP Trends Over Time ipogmp.org noted that Northern Arc Capital Imppo GMP has fluctuated between ₹0 and ₹202 over the past 11 years of grey market activity. Despite the fluctuations, the current strong GMP signals that the IPO is on track for a robust listing. Expert Recommendations While the grey market premium is a key indicator of demand, experts advise caution. Investors are encouraged to seek guidance from certified financial professionals before making any investment decisions, especially in IPOs that may carry inherent risks. Northern Arc Capital’s strong subscription numbers, positive GMP, and solid anchor investor backing position it as a key player in the financial sector with promising prospects for growth. The upcoming listing is highly anticipated, with market participants expecting a favorable debut for the NBFC. Read the full article

[memitodu29]

V.RUSSIE - SOCIETE GENERALE, MENTEURS, MANIPULATEURS, DESCENTE AUX ENFERS