Asset

bénéficient d'un droit de vote à l'assemblée générale annuelle. •  La SICAV est fondée par un établissement de crédit nommé promoteur et un dépositaire qui assume le contrôle de la régularité des décisions de gestion. Définitions: Asset Backed Security (ABS) •  Asset Backed Security (ABS), ou « valeur mobilière adossée à des actifs » •  valeur mobilière dont les flux sont basés sur ceux d'un actif ou d'un portefeuille d'actifs. •  La titrisation est le principal vecteur de création de ces actifs

fixed assets ■ REST OF ASIA 470 stores 620 stores 748 1,039 990 ■ TOTAL EQUITY(2)(3) ■ NET FINANCIAL DEBT TO EQUITY RATIO UNITED STATES ■ 531 stores 307 stores JAPAN ■ 2009 2008 2007 20% 28% 25% 14,785 13,793 12,434 ■ OTHER MARKETS (2) Includes minority interests before appropriation of net profit. (3) Total equity as of December 31, 2007 and 2008 has been restated to reflect the retrospective application as of January 1, 2007 of IAS 38 Intangible assets as amended

particuliers (Groupama banque, gan assurance) - Gestion d’actifs (Groupama Asset Management) - Gestion d’actifs immobiliers (ceux du groupe) - Gestion de titres (Groupama banque) - Gestion d’actifs non cotés (Groupama Privat Equity) Les métiers de service : - Assistance - Télésurveillance - Protection juridique 1.1 Filiales et Marques Gan, Amaguiz, Groupama Banque, Groupama Asset Management, Groupama Private Equity,Groupama épargne salariale, Groupama Protection

ouvert le chemin en proposant un modèle auquel ses pairs européens se sont bientôt conformés. Après avoir baissé les taux directeurs jusqu’à un intervalle de 0-0.25%, déjà en la deuxième moitié de 2008 la FED adoptait des programmes comme le TALF (Term Asset-Backed Securities Loan Facility) lui permettant de garantir liquidité et prêter directement aux banques et aux institutions non bancaires. Mais la plupart de la liquidité a été injecté par les mesures dites de Quantitative easing (QE), des programmes

capital réglementaire et détient des prêts de bonne qualité. ConceptCDOs vary in structure and underlying assets, but the basic principle is the same. Essentially a CDO is a corporate entity constructed to hold assets as collateral and to sell packages of cash flows to investors. A CDO is constructed as follows: A special purpose entity (SPV) acquires a portfolio of credit. Common assets held include mortgage-backed securities, Commercial Real Estate (CRE) debt, and high-yield corporate loans

why should we hire you rather than somebody else? Dorine - I really like your company's culture and I think I can bring a lot of my assets and make a fruitful collaboration. I’m very motivated and I think that work you offer seems like it is likely to foster my development. Aside from that, I am also very self-working in the workplace. Elodie - What assets do you think you can bring to Total? Dorine - With all the issues in term of ecology like what recently happened in Britain, I think

Rating ***** **** *** ** * -=> => => => => => => Value 10 6 3 1 0 -2 -5 x x x x x x x Number of Funds 3 4 3 2 1 2 0 15 points = = = = = = = 30 24 9 2 0 -4 0 61 => 4.07 CONSTITUTION DES GROUPES 572 Asset Managers ( CHIFFRES 2011 ) FUNDCLASS 17 Asset Managers Catégorie 7 CONSTITUTION DES GROUPES 1 2 3 4 5 ( CHIFFRES 2011 ) FUNDCLASS 6 PETITES COMPAGNIES FUNDCLASS IV – VOTRE SOCIÉTÉ ET VOS CONCURRENTS FUNDCLASS RATING TOUTES CATÉGORIES CONFONDUES

notamment du finand’ABS (asset backed securities) s’élèvent à 2,8 milliards d’euros et cement maritime qui a souffert de l’effondrement du taux de fret au celles de CMBS à seulement 1,6 milliard, selon les chiffres de la dernier trimestre 2008 ou encore du financement immobilier en voie Société Générale. «Si le marché de la titrisation est resté actif en ce de reprise depuis peu. Face au net ralentissement du marché des qui concerne les financements d’exploitation, via les ABCP (asset M&A, les financements

The corruption is endemic in the sector of the construction for example. It leads inevitably to a refusal of the population which fought to free its country and was never rewarded no matter the regimes in position. Have we the means, the necessary assets to succeed there where the English people and the Soviet citizens failed? Is the presence of our troops so indispensable? This conclusion seems convenient; but the citizens badly informed about the danger are the direct prey of the Taliban. They

dramatic growth in the share of assets outside the traditional banking system. This non-bank financial system grew to be very large, particularly in money and funding markets. In early 2007, asset-backed commercial paper conduits, in structured investment vehicles, in auction-rate preferred securities, tender option bonds and variable rate demand notes, had a combined size of roughly $2.2 trillion. Assets financed overnight in triparty repo grew to $2.5 trillion. Assets held in hedge funds grew to roughly