French Bank ADRs
There are two banks ADR stocks from France available in the US. Both trade in the OTC market.They are: 1.BNP Paribas – BNPQY Dividend Yield: 5.74% 2. Societe Generale- SCGLY Dividend Yield: 1.63%
There are two banks ADR stocks from France available in the US. Both trade in the OTC market.They are: 1.BNP Paribas – BNPQY Dividend Yield: 5.74% 2. Societe Generale- SCGLY Dividend Yield: 1.63%
France has one of Europe’s largest economies. There are many high quality firms in France that are worth looking into.Companies like Sanofi-Aventis,AXA,Groupe Danone,Lafarge,Peugot Citreon, etc. excel in their field. Some of these firms are listed as ADRs in the US.French ADR stocks are listed in the table below: [TABLE=33]
After Germany, France has the largest economy in continental Europe. There are many good quality French companies that generate profits consistently year over year. The recent episode with Societe Generale Bank is an exception. Some of the big French companies are Carrefour, Danone, BNP Paribas, Societe Generale etc.
The Societe Generale SPO stock of France has been battered in the past few months due to the credit crisis and more recently due to a huge loss incurred by the bank as a result of actions of a rogue trader named Jerome Kerviel.The bank officials took decisive action and closed up positions even as …
Above are some photos of France. #1. The Map shows the French (SNCF) rail network – both regular and hi-speed routes.Click on the picture to make it larger. #2. A beautiful painting in the Louvre museum. #3 & 4. Versailles Palace. -David www.topforeignstocks.com