Newedge Group was founded in 2007 as a joint venture of Credit Argicole and Societe Generale to provide multi-asset brokerage and related services primarily to institutional clients. In November 2013 Societe Generale announced its intention to acquire all shares of Newedge Group. By the end of 2015 Newedge Group has fully merged into Societe Generale, Corporate and Investment Banking Division.
Deposits up to 100,000 EUR are covered by French deposit guarantee scheme in Newedge group.
In 2014 total assets of Newedge group were 6 622,91 mln EUR. In 2014 the bank's net income was -351,76 mln EUR.
Newedge group participates in the deposit guarantee scheme of France which applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Newedge group is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.
Newedge group was headquartered in PARIS 08.
Newedge group has profiles at the following social networks: