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France Forms State-Owned I-Bank

France has announced the creation of a state-owned investment bank, to be known as BPI and to be equally owned by the government and CDC, a state-owned financial institution.

  • 18 Oct 2012

France has announced the creation of a state-owned investment bank, to be known as BPI and to be equally owned by the government and CDC, a state-owned financial institution. Jean-Pierre Jouyet, head of CDC, has been appointed chairman of BPI.

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4 Barclays 184,544.19 754 6.10%
5 Goldman Sachs 144,972.37 604 4.79%

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1 BNP Paribas 31,351.09 133 7.82%
2 Credit Agricole CIB 27,347.56 115 6.82%
3 JPMorgan 23,350.32 62 5.83%
4 Bank of America Merrill Lynch 22,838.09 62 5.70%
5 UniCredit 19,966.03 111 4.98%

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3 Goldman Sachs 6,966.15 37 8.61%
4 Citi 5,856.44 44 7.24%
5 UBS 4,820.17 25 5.96%