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, Paris, Zurich Branch operated as a branch of Newedge Group (France).
Newedge Group, Paris, Zurich Branch was the 271st largest bank in Switzerland in terms of total assets. In 2014 its total assets were 3,03 mln CHF, providing the bank with the market share of 0.00%. Newedge Group, Paris, Zurich Branch was the 25th largest branches of foreign bank in Switzerland (out of 27 branches of foreign banks) having market share of 0.01% amongst the banks of this category.
Newedge Group, Paris, Zurich Branch participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Newedge Group, Paris, Zurich Branch is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Newedge Group, Paris, Zurich Branch was located in Zürich.