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).
In 2014, Newedge Group, Paris, Zurich Branch achieved the position of 272nd largest bank in Switzerland with a market share of 0.00%; its total assets dropped by 38.96%.
Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Newedge Group, Paris, Zurich Branch.
Newedge Group, Paris, Zurich Branch ranked as the 272nd largest bank in Switzerland by total assets. In 2014 its total assets were 3.03 mln CHF, representing a 0.00% market share. It was also the 25th largest branches of foreign bank in Switzerland, commanding a 0.01% share among branches of foreign banks.
Newedge Group, Paris, Zurich Branch protects deposits up to up to 100,000 CHF per depositor through Switzerland's deposit guarantee scheme. The scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign). The bank participates in the esisuisse – Deposit Insurance (ESI), making regular contributions into it.
Newedge Group, Paris, Zurich Branch was located in Zürich.
Newedge Group, Paris, Zurich Branch was authorized and supervised by the Swiss Financial Market Supervisory Authority.