Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
La Banque Postale, a French public bank, wants to accelerate the growth of its private banking subsidiary, renamed Louvre Banque Privée and as part of this development, it has announced the recruitment of 250 employees over the next three years. Newcomers will join the bank's current 470 employees. Louvre Banque Privée has set itself the goal of managing €25 billion in assets by 2025, compared with €14 billion at the end of 2021. This growth is based on strengthening the presence of this subsidiary on the ground with the opening of around one hundred "private banking" areas in post offices, mainly in medium-sized towns.
Eurofound (2022), Louvre Banque Privée, Business expansion in France, factsheet number 106824, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106824.