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ODDO BHF

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ODDO BHF is an independent Franco-German financial services group, with a history stretching back over 150 years. It was created from the alliance of a French family-owned business built up by five generations of stockbrokers and a German bank specialising in Mittelstand companies[1]. With 2,300 employees (1,300 in Germany and 1,000 in France), and more than 100 billion euros in assets under management[2], ODDO BHF operates in three main businesses, based on significant investment in market expertise: private banking, asset management and corporate and investment banking.  

ODDO BHF
Native name
ODDO BHF SCA
IndustryFinancial services
Founded1849
FounderCamille Gautier
Headquarters12, boulevard de la Madeleine,
75009 Paris
,
Key people
Philippe Oddo
Websitewww.oddo-bhf.com

History

  • Origin and creation

Oddo & Cie was founded in 1849 by Camille Gautier, stockbrocker in Marseille (France).[3]

  • 1980 – 1989

In 1984, Pascal Oddo becomes managing partner, a position he held until 1995.

In 1987, Philippe Oddo becomes managing partner of the Group.

It is in 1988 that AGF Group enters the capital of the company, becoming a minority shareholder.[4]

  • 1990 – 1999

In 1991, Oddo et Cie opens its Oddo DV subsidiary in Madrid.

In 1997, the company acquires Delahaye Finance[5], which is specialized in private management. 1998 marks the Group’s establishment in the United States, with the launch of Oddo Securities Corporation in New York City. In the same year, Oddo Options is launched, aiming to gather all the options trading activities in Paris, Madrid and Milan[6].

In 1999, Oddo Asset Management is created, strengthening the Group’s position in institutional management.[7]

  • 2000 – 2009

The 2000s were marked by several acquisitions from Oddo et Cie. In 2000, the Group acquires Pinatton[8], a company specialized in intermediation, corporate finance and private banking. In 2003, Oddo et Cie acquires NFMDA (private management)[9], and the European credit intermediation activities of Crédit Lyonnais in 2004. In 2005, Oddo et Cie buys Cyril Finance Asset Management[10], and KilbraXE in 2007.

In the same year, the Group obtains the status of bank.

In 2006, the Group launches its new branch Oddo Metals, for metal trading.[11]

Concurrently with these acquisitions, Oddo et Cie strengthens its activities through different partnerships with the sector’s major players. In 2003, the Group launches Génération Vie, joint venture with Allianz. La Banque postale Private Banking is launched in 2007 in partnership with La Banque Postale, to expand the Group’s private clientele. [12]

In 2009, the Group launches Oddo Research Institute in Tunis.

  • 2010 – 2017

In 2010, a commercial agreement is signed by Oddo Services and Société Générale Securities Services (SGSS) to develop a joint offering of securities services.[13]

Since 2010, the Group has made new acquisitions, such as the Banque d'Orsay from the German WestLB (2010)[14], the Banque Robeco from the Robeco Group (2010)[15], Close Brothers Seydler Bank AG (market activities) from English Closer Brothers Group (2014)[16], Meriten IM (asset management) from BNY Mellon (2015)[17]. In 2010, rises to 65% in the capital of Patrimoine Consultant, becoming the society’s majority shareholder[18]. Finally, in 2016, Oddo et Cie acquires BHF Bank, which became ODDO BHF the following year.

Branches

ODDO BHF has its offices in different location in France, Germany and wordwide:

  • In France : Paris (private bank, investment banking, asset management), Lyon (Mid Caps shares, private bank) and Strasbourg (private bank).

References

  1. ^ Lederer, Edouard (3 March 2016). "Philippe Oddo, une affaire de famille". Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  2. ^ "ODDO BHF est le 1er groupe financier franco‑allemand indépendant". ODDO BHF. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  3. ^ Motte, Muriel (7 April 2015). "Philippe Oddo, l'Allemand de la gestion française". L'Opinion (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  4. ^ Poirier, Jérôme (11 April 2012). "Philippe Oddo dans « Le Monde Economie »: « Si on pousse les Français fortunés à s'installer à l'étranger, leurs capitaux ne seront plus gérés chez nous »". Le Monde (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  5. ^ P. B.-B. and PH. G. "La société de Bourse Oddo achète Delahaye Finance à la Société Générale". Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  6. ^ I. E (12 June 1998). "Oddo & Cie tente l'aventure américaine". Les Echos. {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  7. ^ Philippe, Guillaume (13 April 1999). "Oddo se positionne comme un grande la gestion institutionnelle" (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  8. ^ PH. G., 1 March 2000. "Le groupe Oddo Pinatton se positionne sur le marché des introductions boursières en ligne". Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)CS1 maint: numeric names: authors list (link)
  9. ^ S. L. P (21 November 2003). "Oddo & Cie étoffe sa gestion privée avec NFMDA" (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  10. ^ AÏT-KACIMI, Nessim (16 March 2005). "Oddo devrait racheter Cyril Finance". Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  11. ^ Muriel, Jacques (22 January 2016). "Le négociant français Oddo Metals fête ses dix ans". Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  12. ^ Porier, Jérôme (11 April 2012). "Philippe Oddo dans « Le Monde Economie »: « Si on pousse les Français fortunés à s'installer à l'étranger, leurs capitaux ne seront plus gérés chez nous »". Le Monde (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  13. ^ "SG Securities Services signe un accord commercial avec Oddo Services". Zone Bourse (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  14. ^ "Oddo & Cie rachète la Banque d'Orsay". l'AGEFI (in French). 31 August 2010. {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  15. ^ C. LE (3 December 2012). [ttps://www.lesechos.fr/03/12/2010/LesEchos/20818-186-ECH_oddo---cie-renforce-sa-gestion-de-patrimoine-avec-banque-robeco.htm "Oddo & Cie renforce sa gestion de patrimoine avec Banque Robeco"]. Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  16. ^ Drif, Anne (15 December 2014). "Oddo & Cie renforce sa banque d'investissement". Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  17. ^ "Le Groupe Oddo acquiert Meriten Investment Management* et donne naissance au premier acteur franco-allemand de la gestion d'actifs" (in French). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  18. ^ S. L. P. (1 March 2017). "Oddo & Cie est majoritaire chez Patrimoine Consultant". Les Echos (in French). {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)

Article contains translated text from Oddo et Cie on the French Wikipedia retrieved on 10 March 2017.