Newedge Group

Business Focus
institutional brokerage

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. Newedge Group operated as a branch of Newedge group (France).

Bank Category

Branches of foreign banks

Products and Services

Services
corporate banking
investment banking
brokerage services
Clients
institutional investors

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Newedge Group participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Newedge Group is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

Exchange House, Primrose Street, EC2A 2EH, London, United Kingdom

Newedge Group was located in London.

Bank Identifiers

Company Number
BR004063
MFI ID
GB1140

Bank History

Close Date
March 2013

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Banking Products in the United Kingdom