Type
Merger/Acquisition
Country
France
Region
Bassin Parisien;
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

110 jobs
Number of planned job creations
Job creation
Announcement Date
10 November 2004
Employment effect (start)
Foreseen end date
31 December 2009

Description

As a result of the acquisition of Banque Populaire Nord de Paris by BICS, the newly named banking group Banque Populaire Rives de Paris revealed its new development ambitions including the creation of 110 new jobs and the opening of 68 new agencies all around Paris before end 2009.


Sources

  • 10 November 2004: Les Echos

Citation

Eurofound (2004), Banque Populaire Rives de Paris - BICS, Merger/Acquisition in France, factsheet number 60833, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60833.