• Most Popular
  • Most Shared

FACTBOX: How BNP and Societe Generale measure up

Wed Jan 30, 2008 8:30am EST

(Reuters) - BNP Paribas is reviewing internally whether to make a tie-up approach to smaller rival French bank Societe Generale, hit hard by rogue trading losses and subprime debt writedowns, a person familiar with the matter said. .

BNP made a failed takeover bid for SocGen in 1999.

Below are details of how the two banks measure up.

BNP PARIBAS SOCIETE GENERALE

MARKET CAP (AT CLOSE JAN. 29)

59.5 billion euros 33.1 billion euros

EARNINGS

estimated 2007 net income estimated 2007 net income

7.8 billion euros, up 7 percent 600-800 million euros

Q4 1.0 billion, down 42 percent

2008 PRICE/EARNINGS (MARKET EXPECTATION)

7.5 6.9

TOTAL RISKED WEIGHTED CAPITAL (2006)

462.500 billion euros 285.525 billion euros

TIER ONE CAPITAL (2006)

7.4 percent 7.82 percent

ESTIMATED TIER ONE CAPITAL (2007)

7.2 percent 6.6 percent

8.0 percent after 5.5 billion euro capital increase and raised Rosbank stake.

ASSETS UNDER MANAGEMENT (2006)

491.5 billion euros 421.8 billion euros

STAFF

161,200 120,000

CHAIRMAN

Michel Pebereau Daniel Bouton

CHIEF EXECUTIVE

Baudouin Prot Daniel Bouton

RATINGS

S&P AA+ stable outlook AA, credit watch negative

Moody's Aa1, stable outlook Aa2, stable

Fitch AA stable outlook AA-, stable

SUBSIDIARIES

Cetelem consumer credit SGAM asset management

BancWest in US Boursorama

BNL Italy Credit du Nord

Klepierre real estate 20 percent Rosbank (Russia)

(agreed to buy another 30 percent)

BRANCHES IN FRANCE

2,200 2,700

MAIN SHAREHOLDERS

AXA 5.82 percent SocGen ESOP 6.16 percent

BNP ESOP 3.96 percent SGAM 5.51 percent

Ecureuil 2.17 percent Societe Generale 4.92 percent

BNP Paribas 2.13 percent Capital Research 3.02 percent

Capital Research 1.91 percent Groupama 2.94 percent

Credit Agricole 1.89 percent Meiji Yasuda Life 2.37 percent

Natixis 1.53 percent Ecureuil 2.25 percent

FOUNDED

1820 Paribas 1864

1869 Banque de Paris

2000 BNP Paribas

SOURCES - companies, Reuters data

(Reporting by Marcel Michelson; Editing by Louise Ireland/Quentin Bryar)



More from Reuters

Photo

Senate on verge of passing healthcare bill

WASHINGTON (Reuters) - Senate Democrats cleared the last 60-vote hurdle on President Barack Obama's healthcare overhaul on Wednesday, virtually ensuring final passage of its version of the biggest health policy changes in four decades.

An Iranian woman supporting former prime Mmnister Mirhossein Mousavi, who is a candidate for the upcoming presidential elections, covers her face with his picture during a pre-election gathering at a stadium in Tehran June 9, 2009. REUTERS/Damir Sagolj

A nation on the brink?

Nukes may not be the only ticking clock in Iran. The reformist movement is swelling and "it is going to get very violent."  Full Article 

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos.  Commentary | Video