Parent BanksNewedge is a joint venture with equal ownership by Crédit Agricole CIB and Société Générale, two of the world’s largest financial groups.
Together, the two banks provide Newedge with a solid equity base and lend support via the strength of their balance sheets and credit ratings.
Newedge is empowered to act independently from the trading activities of its parent banks, thus minimizing potential sources of conflict of interest. Société Générale is one of the largest financial services groups in the Euro-zone. Worldwide, the Group employs 151,000 people in three key business areas:
With over 13,000 employees in more than 58 countries, Crédit Agricole CIB is active in a broad range of capital markets, brokerage, investment banking and structured financing, corporate banking and international private banking. Its activities are grouped into four major divisions: Coverage and Investment Banking, Equity Brokerage and Derivatives, Fixed Income Markets and Structured Finance.
Crédit Agricole CIB, ranks first in France, third in Europe and seventh worldwide in terms of capital. It is present in 70 countries and has 162,000 employees worldwide. Source: Calyon, August 1, 2008
Parent Banks ratings
January 31, 2010 |
Newedge News12
Jan
2010
Newedge Announces Organizational Changes
Laurent Cunin is appointed Head of Asia Pacific Region, Pierre Gay becomes Global Head of Fixed I [...] read more |
