Thank you for the Société Anonyme link. It appears to make it clear that the Canadian and American equivalent of France’s Société Anonyme is simply a corporation that establishes a company as a legal person that can own and transfer property, enter contracts, and be held liable for crimes. Incorporating also limits the owners’ personal liability for the companies’ actions. It remains to be seen if this is the S.A. referred to in the Q drops.
“be held liable for crimes.”
Rothschild & Co announces the acquisition of Banque Pâris Bertrand
Banque Pâris Bertrand SA is an independent Swiss regulated private bank based in Geneva and Luxembourg with a registered capital of CHF20’000’000. Registered office: 30, rue du Rhône, 1204 Genève, Suisse.
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“Banque Pâris Bertrand is an excellent strategic fit for the Wealth Management business of Rothschild & Co thanks to a similar strategy and culture and a comparable client profile, with more than 90% of its Wealth Management assets coming from clients with over CHF 5 million. Banque Pâris Bertrand also brings complementary investment capabilities and a presence in Luxembourg.”
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I’m not saying THIS bank (or rather banque) is the SA in question but this is along the lines of what I was thinking: a private bank operating in the francophone (how ya like me now, LL?) and having a connection to our favorite Red Shield family.
I’m gonna continue poking around but I expect I’ll find more of the same.