Societe Generale is one of the largest commercial banking groups in France. Headquartered in Paris. Founded in May 1864, the full name is "French company for promoting industrial and commercial development".

Originally a private bank, 1946 was nationalized. 1979, the state controlled 93.5% of the bank's capital, and then completely controlled it. Renamed on 1983. 1986 has 2,873 domestic and overseas branches, and the overseas branches are mainly distributed in 30 countries and regions such as Britain, Belgium, Switzerland, Austria, Spain, Tunisia, Morocco, Congo, Japan, Iran, the United States and Canada.

China Industrial Bank Co., Ltd. was established in August, 1988. It is one of the first joint-stock commercial banks in Chinese mainland approved by the People's Bank of China, the People's Bank of the State Council and the People's Bank of China.

Headquartered in Fuzhou, Fujian Province, it was successfully listed on the Shanghai Stock Exchange on February 5, 2007 (stock code: 60 1 166) with a registered capital of190.52 million yuan.

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20 14 In April, the Federal Deposit Insurance Corporation (FDIC) sued the world's largest 16 banks, accusing them of manipulating the London Interbank Offered Rate (LIBOR) and deceiving dozens of bankrupt banks.

The accused targets include Bank of America, Citigroup, Credit Suisse, Deutsche Bank, HSBC Holdings, JPMorgan Chase, Royal Bank of Scotland, ABN Bank of America, Rice Bank Group, Societe Generale, the Central Treasury of Agriculture and Forestry, Royal Bank of Canada, Mitsubishi UFJ Bank and Westbank.

This is a recent lawsuit accusing financial institutions of conspiring to manipulate LIBOR. As the global benchmark interest rate, LIBOR affects the global asset price of $550 trillion and financial products from mortgage to financial derivatives.

Baidu Encyclopedia-Industrial Bank

Baidu Encyclopedia-Industrial Bank