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The Pereire Brothers: Finance and Infrastructure in 19th-Century France

At a Glance

Title: The Pereire Brothers: Finance and Infrastructure in 19th-Century France

Total Categories: 6

Category Stats

  • Foundational Influence and Early Life: 6 flashcards, 9 questions
  • Pioneering Financial Institutions: 12 flashcards, 25 questions
  • Transformative Infrastructure Projects: 12 flashcards, 23 questions
  • Urban Development and Real Estate Ventures: 15 flashcards, 29 questions
  • Political Engagement and Economic Impact: 4 flashcards, 10 questions
  • Challenges, Crisis, and Legacy: 4 flashcards, 10 questions

Total Stats

  • Total Flashcards: 55
  • True/False Questions: 55
  • Multiple Choice Questions: 55
  • Total Questions: 110

Instructions

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Study Guide: The Pereire Brothers: Finance and Infrastructure in 19th-Century France

Study Guide: The Pereire Brothers: Finance and Infrastructure in 19th-Century France

Foundational Influence and Early Life

The Pereire brothers were Sephardi Jews of German origin, contrasting with their main competitors, the Rothschilds, who were of Portuguese Jewish origin.

Answer: False

The Pereire brothers were of Portuguese Jewish origin, whereas their primary competitors, the Rothschilds, were of German Jewish origin.

Related Concepts:

  • What was the ethnic and religious background of the Pereire brothers?: The Pereire brothers were of Portuguese Jewish origin. This distinguished them from their main financial competitors, the Rothschilds, who were also Jewish but of German origin.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.

Jacob Rodrigues Pereira, the Pereire brothers' grandfather, was known for inventing the telegraph system in France.

Answer: False

Jacob Rodrigues Pereira, the grandfather, was recognized for his pioneering work in sign language for the deaf and as an interpreter, not for inventing the telegraph system.

Related Concepts:

  • Who was the grandfather of the Pereire brothers, and what were his significant contributions?: The grandfather of the Pereire brothers was Jacob Rodrigues Pereira. He was one of the inventors of sign language for the deaf and served as an interpreter for King Louis XV after establishing himself in France in 1741.
  • What was the family lineage of the Pereire brothers, tracing back to their grandparents?: The Pereire brothers' grandfather was Jacob Rodrigues Pereira, who married Miriam Lopes Dias. Their son Isaac (1770-1806) married Rebecca Henriette Lopes Fonseca, and together they had three sons, including Émile and Isaac.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.

Émile and Isaac Pereire were early followers of Saint-Simonism, a socialist movement, and maintained these beliefs even after parting ways with Barthélemy Prosper Enfantin.

Answer: True

The Pereire brothers were indeed early adherents to Saint-Simonism and continued to uphold these socialist ideals throughout their careers, even after their association with Enfantin concluded.

Related Concepts:

  • What philosophical movement did the Pereire brothers follow in their early careers?: In their early careers, Émile and Isaac Pereire became followers of Saint-Simonism, a socialist political and social movement of the 19th century. They maintained their commitment to these beliefs even after breaking with Barthélemy Prosper Enfantin in the early 1830s.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.

Émile Pereire wrote regularly for Le Figaro newspaper in the 1820s and 1830s.

Answer: False

Émile Pereire contributed to Le Globe in the 1820s and Le National from 1830 onwards, not Le Figaro.

Related Concepts:

  • In which newspapers did Émile Pereire write in the 1820s and 1830s?: In the 1820s, Émile Pereire wrote regularly for Le Globe, and from 1830 onwards, he contributed to Le National.

Who were Émile and Isaac Pereire, and what was their primary significance in 19th-century France?

Answer: Influential financiers and infrastructure developers who challenged the Rothschilds.

Émile and Isaac Pereire were pivotal figures in 19th-century France, renowned as influential financiers and infrastructure developers who notably challenged the financial dominance of the Rothschild family.

Related Concepts:

  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.
  • What philosophical movement did the Pereire brothers follow in their early careers?: In their early careers, Émile and Isaac Pereire became followers of Saint-Simonism, a socialist political and social movement of the 19th century. They maintained their commitment to these beliefs even after breaking with Barthélemy Prosper Enfantin in the early 1830s.

What was the ethnic and religious background of the Pereire brothers compared to their main competitors?

Answer: Pereires were Portuguese Jews, while Rothschilds were German Jews.

The Pereire brothers hailed from a Portuguese Jewish heritage, distinguishing them from their principal competitors, the Rothschilds, who originated from German Jewish ancestry.

Related Concepts:

  • What was the ethnic and religious background of the Pereire brothers?: The Pereire brothers were of Portuguese Jewish origin. This distinguished them from their main financial competitors, the Rothschilds, who were also Jewish but of German origin.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

Which philosophical movement did Émile and Isaac Pereire follow in their early careers?

Answer: Saint-Simonism

In their formative professional years, Émile and Isaac Pereire were adherents of Saint-Simonism, a significant 19th-century socialist intellectual movement.

Related Concepts:

  • What philosophical movement did the Pereire brothers follow in their early careers?: In their early careers, Émile and Isaac Pereire became followers of Saint-Simonism, a socialist political and social movement of the 19th century. They maintained their commitment to these beliefs even after breaking with Barthélemy Prosper Enfantin in the early 1830s.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.

The Pereires' grandfather, Jacob Rodrigues Pereira, made significant contributions primarily in which field?

Answer: Sign language for the deaf and interpretation

Jacob Rodrigues Pereira, the grandfather of the Pereire brothers, made notable contributions primarily in the field of sign language for the deaf and served as an interpreter.

Related Concepts:

  • Who was the grandfather of the Pereire brothers, and what were his significant contributions?: The grandfather of the Pereire brothers was Jacob Rodrigues Pereira. He was one of the inventors of sign language for the deaf and served as an interpreter for King Louis XV after establishing himself in France in 1741.
  • What was the family lineage of the Pereire brothers, tracing back to their grandparents?: The Pereire brothers' grandfather was Jacob Rodrigues Pereira, who married Miriam Lopes Dias. Their son Isaac (1770-1806) married Rebecca Henriette Lopes Fonseca, and together they had three sons, including Émile and Isaac.

The Pereires' grandfather, Jacob Rodrigues Pereira, established himself in France in 1741 and served in what capacity for King Louis XV?

Answer: Interpreter

Jacob Rodrigues Pereira, the Pereires' grandfather, established his presence in France in 1741 and served King Louis XV in the capacity of an interpreter.

Related Concepts:

  • Who was the grandfather of the Pereire brothers, and what were his significant contributions?: The grandfather of the Pereire brothers was Jacob Rodrigues Pereira. He was one of the inventors of sign language for the deaf and served as an interpreter for King Louis XV after establishing himself in France in 1741.
  • What was the family lineage of the Pereire brothers, tracing back to their grandparents?: The Pereire brothers' grandfather was Jacob Rodrigues Pereira, who married Miriam Lopes Dias. Their son Isaac (1770-1806) married Rebecca Henriette Lopes Fonseca, and together they had three sons, including Émile and Isaac.
  • What Russian railway company did the Pereires help create in 1856?: The Pereires helped create the Grande société des chemins de fer russes railway company in Russia in 1856.

Pioneering Financial Institutions

Émile and Isaac Pereire were primarily known for their significant contributions to the development of France's finance and infrastructure during the Second French Empire.

Answer: True

The Pereire brothers were indeed central figures in French finance and infrastructure development during the Second French Empire, undertaking numerous ambitious projects.

Related Concepts:

  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

The Crédit Mobilier, founded by the Pereire brothers in 1852, primarily focused on financing small businesses and agricultural ventures.

Answer: False

The Crédit Mobilier, established by the Pereire brothers, was designed to finance large-scale industrial and infrastructural projects, rather than small businesses or agriculture.

Related Concepts:

  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.
  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.

Starting in 1859, the Pereires controlled insurance companies like La Confiance and La Paternelle, which are predecessors of the modern insurance group Axa.

Answer: True

From 1859 onwards, the Pereires managed insurance firms such as La Confiance and La Paternelle, which are recognized as foundational entities of the contemporary Axa group.

Related Concepts:

  • What insurance companies did the Pereires control starting in 1859?: Starting in 1859, the Pereires controlled the fire and accident company La Confiance and the house insurance company La Paternelle. These companies are among the predecessor entities of the modern insurance group Axa.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • What Spanish insurance company did the Pereires create in 1864, and what did it merge into?: In 1864, the Pereires created the Spanish insurance company El Fénix Español. This company merged in 1879 to form La Unión y el Fénix, which is now part of Allianz.

In 1864, the Pereires founded the Spanish insurance company El Fénix Español, which later merged into Allianz.

Answer: False

El Fénix Español, founded by the Pereires in 1864, merged in 1879 to form La Unión y el Fénix, which is now part of Allianz, but the direct merger into Allianz did not occur in the 19th century.

Related Concepts:

  • What Spanish insurance company did the Pereires create in 1864, and what did it merge into?: In 1864, the Pereires created the Spanish insurance company El Fénix Español. This company merged in 1879 to form La Unión y el Fénix, which is now part of Allianz.
  • What insurance companies did the Pereires control starting in 1859?: Starting in 1859, the Pereires controlled the fire and accident company La Confiance and the house insurance company La Paternelle. These companies are among the predecessor entities of the modern insurance group Axa.
  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.

The Comptoir national d'escompte de Paris, created in 1848, is a predecessor entity of the modern banking group Crédit Agricole.

Answer: False

The Comptoir national d'escompte de Paris, established in 1848, is a predecessor of BNP Paribas, not Crédit Agricole.

Related Concepts:

  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.

The Pereires sponsored the creation of Crédit Foncier de France in 1852, which is currently affiliated with the Groupe BPCE.

Answer: True

The Pereires did sponsor the establishment of Crédit Foncier de France in 1852, and it is indeed currently affiliated with the Groupe BPCE.

Related Concepts:

  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

The Darmstädter Bank, co-created by the Pereires, was forcibly merged into Dresdner Bank in 1931 following financial instability.

Answer: True

The Darmstädter Bank, which the Pereires helped establish, underwent a forced merger into Dresdner Bank in 1931 due to prevailing financial instability.

Related Concepts:

  • What happened to the Darmstädter Bank, which the Pereires helped create, in 1931?: The Darmstädter Bank, which the Pereires helped create in 1853-54, was forcibly merged into Dresdner Bank in 1931.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.

The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56 with Pereire involvement, is now part of Banco Santander.

Answer: True

The Sociedad de Crédito Mobiliario Español, established in Madrid with Pereire participation between 1855-56, eventually became part of Banco Santander through subsequent mergers and transformations.

Related Concepts:

  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

The Banque Internationale à Luxembourg was established in 1856 without any involvement from the Pereire brothers.

Answer: False

The Banque Internationale à Luxembourg was established in 1856 with the sponsorship and involvement of the Pereire brothers.

Related Concepts:

  • When was the Banque Internationale à Luxembourg established, and what was the Pereires' role?: The Banque Internationale à Luxembourg was established in 1856, with the Pereires' sponsorship.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.

The Credito Mobiliare in Turin, modeled after the Crédit Mobilier and taken over by the Pereires in 1862, was liquidated in 1894 during a period of banking reform.

Answer: True

The Credito Mobiliare in Turin, adopted by the Pereires in 1862, was liquidated in 1894 amidst significant banking reforms, particularly related to the formation of the Bank of Italy.

Related Concepts:

  • What happened to the Credito Mobiliare in Turin in 1894?: The Credito Mobiliare in Turin, taken over by the Pereires in 1862 on the model of the Crédit Mobilier, was liquidated in 1894 during the crisis context of the formation of the Bank of Italy.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.
  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.

The Imperial Ottoman Bank, reformed with Pereire sponsorship in 1863, eventually merged into Garanti Bank in 2001.

Answer: True

The Imperial Ottoman Bank underwent reform with Pereire sponsorship in 1863 and ultimately merged into Garanti Bank in 2001.

Related Concepts:

  • When was the Imperial Ottoman Bank reformed, and what did it merge into in 2001?: The Imperial Ottoman Bank was reformed in 1863, with Pereire sponsorship. It eventually merged in 2001 into Garanti Bank.

The success of the Crédit Mobilier inspired the creation of banks like the Berliner Handels-Gesellschaft and the Stockholms Enskilda Bank.

Answer: True

The model and success of the Crédit Mobilier indeed served as an inspiration for the establishment of other financial institutions, including the Berliner Handels-Gesellschaft and the Stockholms Enskilda Bank.

Related Concepts:

  • Which European banks were modeled after the success of the Crédit Mobilier?: The success of the Crédit Mobilier served as a model for the creation of the Berliner Handels-Gesellschaft, the Allgemeine Deutsche Credit-Anstalt, and the Stockholms Enskilda Bank.

What major financial institution did the Pereire brothers found in 1852 that became central to their operations?

Answer: Crédit Mobilier

The Pereire brothers established the Crédit Mobilier in 1852, which served as the cornerstone of their extensive financial and industrial activities.

Related Concepts:

  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.

Which modern insurance group traces its origins back to companies like La Confiance and La Paternelle, controlled by the Pereires starting in 1859?

Answer: AXA

The insurance companies La Confiance and La Paternelle, managed by the Pereires from 1859, are considered predecessor entities of the modern insurance conglomerate AXA.

Related Concepts:

  • What insurance companies did the Pereires control starting in 1859?: Starting in 1859, the Pereires controlled the fire and accident company La Confiance and the house insurance company La Paternelle. These companies are among the predecessor entities of the modern insurance group Axa.
  • What Spanish insurance company did the Pereires create in 1864, and what did it merge into?: In 1864, the Pereires created the Spanish insurance company El Fénix Español. This company merged in 1879 to form La Unión y el Fénix, which is now part of Allianz.
  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.

The Comptoir national d'escompte de Paris, a financial institution the Pereires were involved with, is a predecessor of which major modern banking group?

Answer: BNP Paribas

The Comptoir national d'escompte de Paris, with which the Pereires were associated, is a foundational institution of the contemporary banking group BNP Paribas.

Related Concepts:

  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

The Pereires sponsored the creation of Crédit Foncier de France in 1852. What is its current affiliation?

Answer: Groupe BPCE

Crédit Foncier de France, whose establishment was sponsored by the Pereires in 1852, is currently affiliated with the Groupe BPCE.

Related Concepts:

  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.
  • When was the Crédit Foncier d'Autriche established?: The Crédit Foncier d'Autriche was established in 1864, with Pereire sponsorship.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.

The Darmstädter Bank, which the Pereires helped create, faced a significant change in 1931. What happened to it?

Answer: It was forcibly merged into Dresdner Bank.

In 1931, the Darmstädter Bank, co-founded by the Pereires, was subjected to a forced merger into Dresdner Bank due to prevailing financial instability.

Related Concepts:

  • What happened to the Darmstädter Bank, which the Pereires helped create, in 1931?: The Darmstädter Bank, which the Pereires helped create in 1853-54, was forcibly merged into Dresdner Bank in 1931.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.
  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.

Which Spanish bank, established between 1855-56 with Pereire involvement, eventually became part of Banco Santander?

Answer: Banco Español de Crédito (Banesto)

The Sociedad de Crédito Mobiliario Español, established in Madrid with Pereire involvement in 1855-56, evolved into the Banco Español de Crédito (Banesto), which is now integrated into Banco Santander.

Related Concepts:

  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.
  • What Spanish insurance company did the Pereires create in 1864, and what did it merge into?: In 1864, the Pereires created the Spanish insurance company El Fénix Español. This company merged in 1879 to form La Unión y el Fénix, which is now part of Allianz.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.

The Pereires' sponsorship was also involved in the establishment of which international bank in 1856?

Answer: Banque Internationale à Luxembourg

In 1856, the Pereires' financial backing was instrumental in the establishment of the Banque Internationale à Luxembourg.

Related Concepts:

  • When was the Banque Internationale à Luxembourg established, and what was the Pereires' role?: The Banque Internationale à Luxembourg was established in 1856, with the Pereires' sponsorship.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.

The Credito Mobiliare in Turin, modeled after the Crédit Mobilier, was liquidated in 1894 during the context of what major financial development?

Answer: The formation of the Bank of Italy.

The Credito Mobiliare in Turin was liquidated in 1894 during a period marked by significant financial restructuring, including the formation of the Bank of Italy.

Related Concepts:

  • What happened to the Credito Mobiliare in Turin in 1894?: The Credito Mobiliare in Turin, taken over by the Pereires in 1862 on the model of the Crédit Mobilier, was liquidated in 1894 during the crisis context of the formation of the Bank of Italy.

The Imperial Ottoman Bank, reformed with Pereire sponsorship in 1863, eventually merged into which modern bank?

Answer: Garanti Bank

The Imperial Ottoman Bank, reformed with Pereire sponsorship in 1863, eventually became part of Garanti Bank following its merger in 2001.

Related Concepts:

  • When was the Imperial Ottoman Bank reformed, and what did it merge into in 2001?: The Imperial Ottoman Bank was reformed in 1863, with Pereire sponsorship. It eventually merged in 2001 into Garanti Bank.
  • What happened to the Darmstädter Bank, which the Pereires helped create, in 1931?: The Darmstädter Bank, which the Pereires helped create in 1853-54, was forcibly merged into Dresdner Bank in 1931.
  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.

Which of the following was NOT cited as a European bank modeled after the success of the Crédit Mobilier?

Answer: Crédit Mobilier Français

The Berliner Handels-Gesellschaft, Stockholms Enskilda Bank, and Allgemeine Deutsche Credit-Anstalt were cited as banks inspired by the Crédit Mobilier. Crédit Mobilier Français was the original institution itself.

Related Concepts:

  • Which European banks were modeled after the success of the Crédit Mobilier?: The success of the Crédit Mobilier served as a model for the creation of the Berliner Handels-Gesellschaft, the Allgemeine Deutsche Credit-Anstalt, and the Stockholms Enskilda Bank.

Which of the following financial institutions was created in 1848 and is a predecessor to BNP Paribas, with Pereire involvement?

Answer: Comptoir national d'escompte de Paris

The Comptoir national d'escompte de Paris, established in 1848 with Pereire involvement, is a predecessor institution to BNP Paribas.

Related Concepts:

  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.

The Pereires helped create the Darmstädter Bank in 1853-54. What happened to this bank in 1931?

Answer: It was forcibly merged into Dresdner Bank.

In 1931, the Darmstädter Bank, established with Pereire assistance, underwent a forced merger into Dresdner Bank.

Related Concepts:

  • What happened to the Darmstädter Bank, which the Pereires helped create, in 1931?: The Darmstädter Bank, which the Pereires helped create in 1853-54, was forcibly merged into Dresdner Bank in 1931.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.

The Spanish insurance company El Fénix Español, created by the Pereires in 1864, eventually became part of which larger entity after merging in 1879?

Answer: La Unión y el Fénix

El Fénix Español, a Spanish insurance company founded by the Pereires in 1864, merged in 1879 to form La Unión y el Fénix.

Related Concepts:

  • What Spanish insurance company did the Pereires create in 1864, and what did it merge into?: In 1864, the Pereires created the Spanish insurance company El Fénix Español. This company merged in 1879 to form La Unión y el Fénix, which is now part of Allianz.

Transformative Infrastructure Projects

The Compagnie du chemin de fer de Paris à Saint-Germain, created by the Pereire brothers in 1835, was later absorbed into the Compagnie des chemins de fer de l'Ouest.

Answer: True

The railway line from Paris to Saint-Germain, established by the Pereire brothers, was indeed integrated into the larger Compagnie des chemins de fer de l'Ouest in 1855.

Related Concepts:

  • What was the Compagnie du chemin de fer de Paris à Saint-Germain, and what happened to it?: The Compagnie du chemin de fer de Paris à Saint-Germain was a railway company created in 1835 by the Pereire brothers. It was later merged in 1855 into the larger Compagnie des chemins de fer de l'Ouest, one of France's main railway companies.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.

The Pereire brothers established the Compagnie des chemins de fer du Midi in 1852, which remained a private company until its nationalization in 1938.

Answer: True

The Compagnie des chemins de fer du Midi was founded by the Pereire brothers in 1852 and continued as a private entity until its nationalization into the SNCF in 1938.

Related Concepts:

  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • When was the Compañía de los Caminos de Hierro del Norte de España created, and what happened to it?: The Compañía de los Caminos de Hierro del Norte de España railway company in Spain was created in 1858 and nationalized in 1941. The Pereires were involved in its creation.
  • What was the Compagnie du chemin de fer de Paris à Saint-Germain, and what happened to it?: The Compagnie du chemin de fer de Paris à Saint-Germain was a railway company created in 1835 by the Pereire brothers. It was later merged in 1855 into the larger Compagnie des chemins de fer de l'Ouest, one of France's main railway companies.

The Compagnie générale des omnibus, founded in 1854, was responsible for operating Paris's public transport system, including its early bus services.

Answer: True

The Compagnie générale des omnibus, established by the Pereire brothers in 1854, managed Paris's public transport, notably its horse-drawn omnibus services.

Related Concepts:

  • What was the purpose of the Compagnie générale des omnibus founded by the Pereires?: The Compagnie générale des omnibus was created in 1854 by the Pereire brothers to operate Paris's public transport system. This company eventually merged into the RATP Group.
  • What was the Compagnie du chemin de fer de Paris à Saint-Germain, and what happened to it?: The Compagnie du chemin de fer de Paris à Saint-Germain was a railway company created in 1835 by the Pereire brothers. It was later merged in 1855 into the larger Compagnie des chemins de fer de l'Ouest, one of France's main railway companies.

The Compagnie parisienne de gaz, created in 1855, held the concession for Paris's gas lighting and was liquidated in 1905.

Answer: True

The Compagnie parisienne de gaz, established in 1855, was granted the concession for Paris's gas lighting and was subsequently liquidated in 1905 upon the expiration of its concession.

Related Concepts:

  • What concession did the Compagnie parisienne de gaz hold, and when did its operations conclude?: The Compagnie parisienne de gaz held the concession for Paris's gas lighting. It was created in 1855 and liquidated in 1905 when its concession expired.

The Compagnie Générale Transatlantique, a predecessor of CMA CGM, was initially established in 1855 under the name Compagnie Générale Maritime.

Answer: True

The Compagnie Générale Transatlantique, which has modern links to CMA CGM, was indeed founded in 1855 under the name Compagnie Générale Maritime.

Related Concepts:

  • What was the original name of the Compagnie Générale Transatlantique, and what is its modern successor?: The Compagnie Générale Transatlantique was initially created in 1855 as the Compagnie Générale Maritime. It is one of the predecessor entities of the modern shipping company CMA CGM.

The Imperial Royal Austrian State Railways, sponsored by the Pereires in 1854, were dismantled into national companies in 1918.

Answer: True

The Imperial Royal Austrian State Railways, established with Pereire sponsorship in 1854, were indeed dismantled into various national railway companies following World War I in 1918.

Related Concepts:

  • When were the Imperial Royal Austrian State Railways created, and what became of them?: The Imperial Royal Austrian State Railways were created in 1854, with the Pereires' sponsorship. They were dismantled into national companies in 1918.

The Pereires helped create the Grande société des chemins de fer russes railway company in Russia in 1856.

Answer: True

The Pereire brothers were instrumental in the establishment of the Grande société des chemins de fer russes in Russia in 1856.

Related Concepts:

  • What Russian railway company did the Pereires help create in 1856?: The Pereires helped create the Grande société des chemins de fer russes railway company in Russia in 1856.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.

The Compañía de los Caminos de Hierro del Norte de España was created in 1858 and nationalized in 1941, with the Pereires involved in its creation.

Answer: True

The Compañía de los Caminos de Hierro del Norte de España was indeed created in 1858 with Pereire involvement and was subsequently nationalized in 1941.

Related Concepts:

  • When was the Compañía de los Caminos de Hierro del Norte de España created, and what happened to it?: The Compañía de los Caminos de Hierro del Norte de España railway company in Spain was created in 1858 and nationalized in 1941. The Pereires were involved in its creation.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • What Spanish bank, created in 1855-56, eventually became part of Banco Santander?: The Sociedad de Crédito Mobiliario Español bank, created in Madrid in 1855-56, was reformed in 1902 as the Banco Español de Crédito and is now part of Banco Santander. The Pereires were involved in its creation.

The Chantier Scott shipyard, created in 1862, built ships primarily for the French Navy.

Answer: False

The Chantier Scott shipyard, established in 1862, primarily constructed vessels for the Compagnie Générale Transatlantique, not predominantly for the French Navy.

Related Concepts:

  • What was the purpose of the Chantier Scott in Saint-Nazaire, and what is its legacy?: The Chantier Scott in Saint-Nazaire was created in 1862 to build ships for the Compagnie Générale Transatlantique. It is one of the predecessor entities of the Chantiers de l'Atlantique.

Besides finance and infrastructure, the Pereires also sponsored developments in the coal mining sector in Lorraine and Northern France.

Answer: True

The Pereire brothers' investment portfolio extended beyond finance and transport to include sponsorship of developments within the coal mining sector in regions like Lorraine and Northern France.

Related Concepts:

  • In what other industrial sector did the Pereires sponsor developments?: The Pereires also sponsored coal mining developments in Lorraine and Northern France.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

Gare Saint-Lazare, first opened in 1842, was a key terminal for the Pereires' Compagnie des chemins de fer de l'Ouest.

Answer: True

Gare Saint-Lazare, operational since 1842, served as a crucial terminal for the Compagnie des chemins de fer de l'Ouest, a railway company significantly developed by the Pereire brothers.

Related Concepts:

  • What was the significance of Gare Saint-Lazare in relation to the Pereires?: Gare Saint-Lazare, operational since 1842, served as a crucial terminal for the Compagnie des chemins de fer de l'Ouest, a railway company significantly developed by the Pereire brothers.
  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.
  • What was the Compagnie du chemin de fer de Paris à Saint-Germain, and what happened to it?: The Compagnie du chemin de fer de Paris à Saint-Germain was a railway company created in 1835 by the Pereire brothers. It was later merged in 1855 into the larger Compagnie des chemins de fer de l'Ouest, one of France's main railway companies.

Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, which they created in the early 1840s.

Answer: True

Gare Saint-Lazare functioned as the primary terminal for the Chemin de fer de l'Ouest, a railway company established by the Pereire brothers in the early 1840s.

Related Concepts:

  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.
  • What was the significance of Gare Saint-Lazare in relation to the Pereires?: Gare Saint-Lazare, operational since 1842, served as a crucial terminal for the Compagnie des chemins de fer de l'Ouest, a railway company significantly developed by the Pereire brothers.
  • What was the Compagnie du chemin de fer de Paris à Saint-Germain, and what happened to it?: The Compagnie du chemin de fer de Paris à Saint-Germain was a railway company created in 1835 by the Pereire brothers. It was later merged in 1855 into the larger Compagnie des chemins de fer de l'Ouest, one of France's main railway companies.

The Compagnie du chemin de fer de Paris à Saint-Germain, created by the Pereires, was eventually merged into which larger railway company?

Answer: Compagnie des chemins de fer de l'Ouest

The railway line from Paris to Saint-Germain, initiated by the Pereires, was ultimately integrated into the Compagnie des chemins de fer de l'Ouest.

Related Concepts:

  • What was the Compagnie du chemin de fer de Paris à Saint-Germain, and what happened to it?: The Compagnie du chemin de fer de Paris à Saint-Germain was a railway company created in 1835 by the Pereire brothers. It was later merged in 1855 into the larger Compagnie des chemins de fer de l'Ouest, one of France's main railway companies.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.

Which Parisian public transport system was operated by the Compagnie générale des omnibus, founded by the Pereires in 1854?

Answer: The omnibus (horse-drawn bus) system

The Compagnie générale des omnibus, established by the Pereires, was responsible for operating Paris's omnibus system, which comprised horse-drawn buses.

Related Concepts:

  • What was the purpose of the Compagnie générale des omnibus founded by the Pereires?: The Compagnie générale des omnibus was created in 1854 by the Pereire brothers to operate Paris's public transport system. This company eventually merged into the RATP Group.
  • What was the Compagnie du chemin de fer de Paris à Saint-Germain, and what happened to it?: The Compagnie du chemin de fer de Paris à Saint-Germain was a railway company created in 1835 by the Pereire brothers. It was later merged in 1855 into the larger Compagnie des chemins de fer de l'Ouest, one of France's main railway companies.
  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.

In which country did the Pereires help create the Grande société des chemins de fer russes railway company in 1856?

Answer: Russia

The Pereires were involved in the creation of the Grande société des chemins de fer russes, a railway company established in Russia in 1856.

Related Concepts:

  • What Russian railway company did the Pereires help create in 1856?: The Pereires helped create the Grande société des chemins de fer russes railway company in Russia in 1856.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.

The Spanish railway company Compañía de los Caminos de Hierro del Norte de España, created in 1858 with Pereire involvement, was eventually subjected to what process in 1941?

Answer: Nationalization

In 1941, the Compañía de los Caminos de Hierro del Norte de España, which had Pereire involvement in its 1858 creation, underwent nationalization.

Related Concepts:

  • When was the Compañía de los Caminos de Hierro del Norte de España created, and what happened to it?: The Compañía de los Caminos de Hierro del Norte de España railway company in Spain was created in 1858 and nationalized in 1941. The Pereires were involved in its creation.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.

What was the primary purpose of the Chantier Scott shipyard, created in 1862 with Pereire involvement?

Answer: Building ships specifically for the Compagnie Générale Transatlantique.

The Chantier Scott shipyard, established in 1862 with Pereire backing, was primarily dedicated to constructing vessels for the Compagnie Générale Transatlantique.

Related Concepts:

  • What was the purpose of the Chantier Scott in Saint-Nazaire, and what is its legacy?: The Chantier Scott in Saint-Nazaire was created in 1862 to build ships for the Compagnie Générale Transatlantique. It is one of the predecessor entities of the Chantiers de l'Atlantique.

Besides finance and transport, in what other industrial sector did the Pereires sponsor developments?

Answer: Coal mining

Beyond finance and transportation, the Pereires also extended their sponsorship to developments within the coal mining sector.

Related Concepts:

  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • In what other industrial sector did the Pereires sponsor developments?: The Pereires also sponsored coal mining developments in Lorraine and Northern France.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.

What was the fate of the Compagnie parisienne de gaz after its concession expired in 1905?

Answer: It was liquidated.

Upon the expiration of its concession in 1905, the Compagnie parisienne de gaz was liquidated.

Related Concepts:

  • What concession did the Compagnie parisienne de gaz hold, and when did its operations conclude?: The Compagnie parisienne de gaz held the concession for Paris's gas lighting. It was created in 1855 and liquidated in 1905 when its concession expired.

Which of the following railway companies did the Pereires NOT help create or sponsor, according to the provided text?

Answer: Compagnie des chemins de fer de l'Est

The Pereires were involved with the first three listed railway companies. The Compagnie des chemins de fer de l'Est is not mentioned in the provided text as one of their sponsored ventures.

Related Concepts:

  • What Russian railway company did the Pereires help create in 1856?: The Pereires helped create the Grande société des chemins de fer russes railway company in Russia in 1856.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • When was the Compañía de los Caminos de Hierro del Norte de España created, and what happened to it?: The Compañía de los Caminos de Hierro del Norte de España railway company in Spain was created in 1858 and nationalized in 1941. The Pereires were involved in its creation.

The Pereires' influence extended to sponsoring developments in which sector outside of finance and transport?

Answer: Coal mining

Beyond their significant roles in finance and transportation, the Pereires also extended their influence by sponsoring developments in the coal mining sector.

Related Concepts:

  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • In what other industrial sector did the Pereires sponsor developments?: The Pereires also sponsored coal mining developments in Lorraine and Northern France.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.

The Pereires' sponsorship in financing the Imperial Royal Austrian State Railways in 1854 led to what outcome for the railways in 1918?

Answer: They were dismantled into national companies.

The Imperial Royal Austrian State Railways, financed with Pereire sponsorship in 1854, were dismantled into national companies in 1918.

Related Concepts:

  • When were the Imperial Royal Austrian State Railways created, and what became of them?: The Imperial Royal Austrian State Railways were created in 1854, with the Pereires' sponsorship. They were dismantled into national companies in 1918.
  • What Russian railway company did the Pereires help create in 1856?: The Pereires helped create the Grande société des chemins de fer russes railway company in Russia in 1856.
  • When was the Compañía de los Caminos de Hierro del Norte de España created, and what happened to it?: The Compañía de los Caminos de Hierro del Norte de España railway company in Spain was created in 1858 and nationalized in 1941. The Pereires were involved in its creation.

What was the legacy of the Chantier Scott shipyard, created in 1862?

Answer: It is a predecessor entity of the Chantiers de l'Atlantique.

The Chantier Scott shipyard, established in 1862, is recognized as a predecessor entity to the modern Chantiers de l'Atlantique.

Related Concepts:

  • What was the purpose of the Chantier Scott in Saint-Nazaire, and what is its legacy?: The Chantier Scott in Saint-Nazaire was created in 1862 to build ships for the Compagnie Générale Transatlantique. It is one of the predecessor entities of the Chantiers de l'Atlantique.

Urban Development and Real Estate Ventures

The Pereire brothers purchased the Château Palmer winery in 1853 and retained ownership until the late 20th century.

Answer: False

While the Pereire brothers did purchase the Château Palmer winery in 1853, their family retained ownership only until 1938, not the late 20th century.

Related Concepts:

  • What was the Château Palmer, and what was the Pereire family's connection to it?: The Château Palmer is a winery located in the Margaux AOC region near Bordeaux. The Pereire brothers purchased it in 1853 and kept it within the family until its sale in 1938.

The Grand Hôtel du Louvre, part of the Louvre Saint-Honoré development initiated in 1855, is considered the origin of the Accor hotel group.

Answer: False

The Louvre Saint-Honoré development, including the Grand Hôtel du Louvre, is considered the origin of the Groupe du Louvre, not the Accor hotel group.

Related Concepts:

  • What was the function of the Louvre Saint-Honoré development, and what is its legacy?: The Louvre Saint-Honoré development, created in 1855, included the Grand Hôtel du Louvre and the Magasins du Louvre retail mall. This project is considered the root of the Groupe du Louvre.

The Entrepôts des magasins généraux de Paris, established in 1860, provided warehousing facilities and are now part of the logistics company DHL.

Answer: False

The Entrepôts des magasins généraux de Paris, established in 1860, provided warehousing facilities but are now part of Icade, not DHL.

Related Concepts:

  • What were the Entrepôts des magasins généraux de Paris, and when were they established?: The Entrepôts des magasins généraux de Paris, established in 1860, operated major warehousing facilities in and around Paris. These operations are now part of Icade.

The Pereires purchased a large estate in Gretz-Armainvilliers in 1852 and built the Château d'Armainvilliers there in the early 1860s.

Answer: True

In 1852, the Pereires acquired a substantial estate in Gretz-Armainvilliers, commissioning the construction of the Château d'Armainvilliers during the early 1860s.

Related Concepts:

  • Where did the Pereires purchase a vast estate in 1852, and what did they build there?: In 1852, the Pereires bought a large estate in Gretz-Armainvilliers. They commissioned their favorite architect, Alfred Armand, to build a palatial country house there, the Château d'Armainvilliers, in the early 1860s.
  • How were the Pereires involved in the development of the Parc Monceau neighborhood in Paris?: The Pereires purchased the grounds around Parc Monceau from the Orléans family in 1861 and were involved in the development of the neighborhood surrounding the park.
  • What Russian railway company did the Pereires help create in 1856?: The Pereires helped create the Grande société des chemins de fer russes railway company in Russia in 1856.

The Château d'Armainvilliers, built by the Pereires, was demolished in 1944 after being mistakenly bombed by the British Air Force.

Answer: False

The Château d'Armainvilliers was bombed by mistake by the US Air Force in 1944 and subsequently demolished in 1950, not 1944 by the British Air Force.

Related Concepts:

  • What happened to the Château d'Armainvilliers in 1944 and 1950?: The Château d'Armainvilliers, built by the Pereires, was bombed by mistake by the US Air Force in 1944 and subsequently demolished in 1950.
  • Where did the Pereires purchase a vast estate in 1852, and what did they build there?: In 1852, the Pereires bought a large estate in Gretz-Armainvilliers. They commissioned their favorite architect, Alfred Armand, to build a palatial country house there, the Château d'Armainvilliers, in the early 1860s.

The Pereires purchased a property on Place Vendôme in 1854 which later became the Hôtel Ritz Paris.

Answer: True

In 1854, the Pereires acquired a property on Place Vendôme, which was later transformed into the renowned Hôtel Ritz Paris.

Related Concepts:

  • What property on Place Vendôme did the Pereires purchase in 1854, and what did it become later?: In 1854, the Pereires purchased the hôtel particulier on Place Vendôme to serve as the headquarters for the Crédit Mobilier. This building was later transformed into the Hôtel Ritz Paris.
  • How were the Pereires involved in the development of the Parc Monceau neighborhood in Paris?: The Pereires purchased the grounds around Parc Monceau from the Orléans family in 1861 and were involved in the development of the neighborhood surrounding the park.
  • Where did the Pereires purchase a vast estate in 1852, and what did they build there?: In 1852, the Pereires bought a large estate in Gretz-Armainvilliers. They commissioned their favorite architect, Alfred Armand, to build a palatial country house there, the Château d'Armainvilliers, in the early 1860s.

The Hotel Pereire, located at 35-37 rue du Faubourg Saint-Honoré, currently serves as the French Ministry of Culture.

Answer: False

The Hotel Pereire, situated at 35-37 rue du Faubourg Saint-Honoré, currently functions as the Embassy of the United Kingdom in Paris, not the French Ministry of Culture.

Related Concepts:

  • Where was the Pereires' urban mansion, the Hotel Pereire, located, and what is its current function?: The Hotel Pereire was located at 35-37 rue du Faubourg Saint-Honoré. After extensive renovations, it was purchased by the British government in 1947 and now serves as the Embassy of the United Kingdom in Paris.

The Pereire Villa in Arcachon, part of their real estate development, was demolished in 1959.

Answer: True

The Pereire Villa in Arcachon, a significant element of their real estate ventures, was demolished in 1959.

Related Concepts:

  • When was the Pereire Villa in Arcachon built, and when was it demolished?: The Pereire Villa in Arcachon, part of their real estate development there, was constructed between 1853 and 1863 and was demolished in 1959.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.

The Pereires contributed to developing the Gare Saint-Lazare, the Parc Monceau neighborhood, the Rue de la République in Marseille, and the resort town of Arcachon.

Answer: True

The Pereires' urban development contributions were extensive, including the Gare Saint-Lazare area, the Parc Monceau neighborhood, the Rue de la République in Marseille, and the development of the resort town of Arcachon.

Related Concepts:

  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.
  • When was the Pereire Villa in Arcachon built, and when was it demolished?: The Pereire Villa in Arcachon, part of their real estate development there, was constructed between 1853 and 1863 and was demolished in 1959.
  • What was the significance of Gare Saint-Lazare in relation to the Pereires?: Gare Saint-Lazare, operational since 1842, served as a crucial terminal for the Compagnie des chemins de fer de l'Ouest, a railway company significantly developed by the Pereire brothers.

The Pereires purchased the grounds around Parc Monceau from the Rothschild family in 1861 for neighborhood development.

Answer: False

The Pereires acquired the grounds surrounding Parc Monceau in 1861 from the Orléans family, not the Rothschild family, for subsequent neighborhood development.

Related Concepts:

  • How were the Pereires involved in the development of the Parc Monceau neighborhood in Paris?: The Pereires purchased the grounds around Parc Monceau from the Orléans family in 1861 and were involved in the development of the neighborhood surrounding the park.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.
  • Where did the Pereires purchase a vast estate in 1852, and what did they build there?: In 1852, the Pereires bought a large estate in Gretz-Armainvilliers. They commissioned their favorite architect, Alfred Armand, to build a palatial country house there, the Château d'Armainvilliers, in the early 1860s.

Place du Maréchal-Juin in Paris was formerly named Place Pereire until its renaming in 1973.

Answer: True

The Parisian square known today as Place du Maréchal-Juin was previously designated Place Pereire, honoring the influential brothers, until its renaming in 1973.

Related Concepts:

  • What was the previous name of Place du Maréchal-Juin in Paris, and when was it renamed?: The Place du Maréchal-Juin in Paris was called Place Pereire until 1973, honoring the Pereire brothers.

The Pereire Metro Station and the Gare Saint-Lazare station are named in honor of the Pereire brothers.

Answer: False

While the Pereire brothers are honored in Parisian nomenclature, Gare Saint-Lazare is named after the church of Saint-Lazare. The Pereire Metro Station and the Pereire–Levallois RER station bear their name.

Related Concepts:

  • What public transportation facilities in Paris are named after the Pereires?: The Pereire Metro Station and the Pereire–Levallois RER station in Paris are named in honor of the Pereire brothers.
  • What was the significance of Gare Saint-Lazare in relation to the Pereires?: Gare Saint-Lazare, operational since 1842, served as a crucial terminal for the Compagnie des chemins de fer de l'Ouest, a railway company significantly developed by the Pereire brothers.
  • What was the role of Gare Saint-Lazare in relation to the Pereires' railway company?: Gare Saint-Lazare in Paris served as the terminal for the Pereires' Chemin de fer de l'Ouest, a railway company they created in the early 1840s.

A plaque in Saint-Germain-en-Laye commemorates Émile Pereire's role in developing the Cité Médicis neighborhood in 1837.

Answer: True

A commemorative plaque in Saint-Germain-en-Laye acknowledges Émile Pereire's contribution to the development of the Cité Médicis neighborhood in 1837.

Related Concepts:

  • What does the plaque in Saint-Germain-en-Laye highlight regarding Émile Pereire's role?: A plaque in Saint-Germain-en-Laye acknowledges Émile Pereire's contribution to the development of the Cité Médicis neighborhood in 1837.

The Grand Hôtel, developed by the Pereires in 1862 featuring the Café de la Paix, is now known as the InterContinental Paris Le Grand Hotel.

Answer: True

The Grand Hôtel, developed by the Pereires in 1862 and notable for housing the Café de la Paix, is presently recognized as the InterContinental Paris Le Grand Hotel.

Related Concepts:

  • What hotel, developed by the Pereires, is now known as the InterContinental Paris Le Grand Hotel?: The Grand Hôtel, developed by the Pereires in 1862 and featuring the Café de la Paix on its street level, is now known as the InterContinental Paris Le Grand Hotel.

The street in Marseille formerly known as the rue Impériale, developed by the Pereires, is now called Rue de la République.

Answer: True

The street in Marseille that the Pereires developed, previously named rue Impériale, is now designated as Rue de la République.

Related Concepts:

  • What street in Marseille, developed by the Pereires, was formerly known as the rue Impériale?: The street in Marseille that the Pereires developed, previously named rue Impériale, is now designated as Rue de la République.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.
  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.

The Pereire brothers' involvement in the development of the Grand Hôtel du Louvre in 1855 is considered the origin of which business entity?

Answer: The Groupe du Louvre

The development of the Grand Hôtel du Louvre by the Pereire brothers in 1855 is recognized as the foundational project for the Groupe du Louvre.

Related Concepts:

  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • What was the function of the Louvre Saint-Honoré development, and what is its legacy?: The Louvre Saint-Honoré development, created in 1855, included the Grand Hôtel du Louvre and the Magasins du Louvre retail mall. This project is considered the root of the Groupe du Louvre.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.

The Pereires' urban mansion, the Hotel Pereire, located on rue du Faubourg Saint-Honoré, currently serves what function?

Answer: The Embassy of the United Kingdom in Paris.

The Hotel Pereire, situated on rue du Faubourg Saint-Honoré, currently serves as the Embassy of the United Kingdom in Paris.

Related Concepts:

  • Where was the Pereires' urban mansion, the Hotel Pereire, located, and what is its current function?: The Hotel Pereire was located at 35-37 rue du Faubourg Saint-Honoré. After extensive renovations, it was purchased by the British government in 1947 and now serves as the Embassy of the United Kingdom in Paris.
  • What hotel, developed by the Pereires, is now known as the InterContinental Paris Le Grand Hotel?: The Grand Hôtel, developed by the Pereires in 1862 and featuring the Café de la Paix on its street level, is now known as the InterContinental Paris Le Grand Hotel.
  • What property on Place Vendôme did the Pereires purchase in 1854, and what did it become later?: In 1854, the Pereires purchased the hôtel particulier on Place Vendôme to serve as the headquarters for the Crédit Mobilier. This building was later transformed into the Hôtel Ritz Paris.

Which of the following urban landscapes did the Pereires NOT develop, according to the source?

Answer: The Champs-Élysées avenue

While the Pereires were involved in developing areas like Gare Saint-Lazare, Parc Monceau, and Arcachon, the Champs-Élysées avenue is not listed among their urban development projects.

Related Concepts:

  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.
  • How were the Pereires involved in the development of the Parc Monceau neighborhood in Paris?: The Pereires purchased the grounds around Parc Monceau from the Orléans family in 1861 and were involved in the development of the neighborhood surrounding the park.
  • What street in Marseille, developed by the Pereires, was formerly known as the rue Impériale?: The street in Marseille that the Pereires developed, previously named rue Impériale, is now designated as Rue de la République.

The Pereires were involved in the development of the Parc Monceau neighborhood starting in 1861. Who did they purchase the grounds from?

Answer: The Orléans family

The Pereires acquired the grounds surrounding Parc Monceau in 1861 from the Orléans family, initiating the development of the adjacent neighborhood.

Related Concepts:

  • How were the Pereires involved in the development of the Parc Monceau neighborhood in Paris?: The Pereires purchased the grounds around Parc Monceau from the Orléans family in 1861 and were involved in the development of the neighborhood surrounding the park.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.

What honorific naming convention is used for public transportation facilities in Paris related to the Pereire brothers?

Answer: A metro station and an RER station.

Public transportation facilities in Paris honor the Pereire brothers through the naming of the Pereire Metro Station and the Pereire–Levallois RER station.

Related Concepts:

  • What public transportation facilities in Paris are named after the Pereires?: The Pereire Metro Station and the Pereire–Levallois RER station in Paris are named in honor of the Pereire brothers.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.
  • What was the previous name of Place du Maréchal-Juin in Paris, and when was it renamed?: The Place du Maréchal-Juin in Paris was called Place Pereire until 1973, honoring the Pereire brothers.

What significant event occurred at the Château d'Armainvilliers, built by the Pereires, in 1944?

Answer: It was mistakenly bombed by the US Air Force.

In 1944, the Château d'Armainvilliers, constructed by the Pereires, was inadvertently subjected to bombing by the US Air Force.

Related Concepts:

  • What happened to the Château d'Armainvilliers in 1944 and 1950?: The Château d'Armainvilliers, built by the Pereires, was bombed by mistake by the US Air Force in 1944 and subsequently demolished in 1950.

The Pereires purchased a property on Place Vendôme in 1854 to serve as the headquarters for which institution?

Answer: The Crédit Mobilier

The property acquired by the Pereires on Place Vendôme in 1854 was designated to serve as the headquarters for the Crédit Mobilier.

Related Concepts:

  • What property on Place Vendôme did the Pereires purchase in 1854, and what did it become later?: In 1854, the Pereires purchased the hôtel particulier on Place Vendôme to serve as the headquarters for the Crédit Mobilier. This building was later transformed into the Hôtel Ritz Paris.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.
  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.

Which street in Marseille, developed by the Pereires, was formerly known as the rue Impériale?

Answer: Rue de la République

The Rue de la République in Marseille, a street developed by the Pereires, was previously known as the rue Impériale.

Related Concepts:

  • What street in Marseille, developed by the Pereires, was formerly known as the rue Impériale?: The street in Marseille that the Pereires developed, previously named rue Impériale, is now designated as Rue de la République.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.
  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.

What was the legacy of the Louvre Saint-Honoré development, created in 1855?

Answer: It is considered the root of the Groupe du Louvre.

The Louvre Saint-Honoré development, initiated in 1855, is recognized as the origin and foundational project for the Groupe du Louvre.

Related Concepts:

  • What was the function of the Louvre Saint-Honoré development, and what is its legacy?: The Louvre Saint-Honoré development, created in 1855, included the Grand Hôtel du Louvre and the Magasins du Louvre retail mall. This project is considered the root of the Groupe du Louvre.

Which iconic Parisian hotel, developed by the Pereires in 1862, is known for featuring the Café de la Paix on its street level?

Answer: InterContinental Paris Le Grand Hotel

The InterContinental Paris Le Grand Hotel, developed by the Pereires in 1862, is famously recognized for housing the Café de la Paix at its street level.

Related Concepts:

  • What hotel, developed by the Pereires, is now known as the InterContinental Paris Le Grand Hotel?: The Grand Hôtel, developed by the Pereires in 1862 and featuring the Café de la Paix on its street level, is now known as the InterContinental Paris Le Grand Hotel.
  • Where was the Pereires' urban mansion, the Hotel Pereire, located, and what is its current function?: The Hotel Pereire was located at 35-37 rue du Faubourg Saint-Honoré. After extensive renovations, it was purchased by the British government in 1947 and now serves as the Embassy of the United Kingdom in Paris.

The Pereire Villa in Arcachon, part of their real estate development, was demolished in what year?

Answer: 1959

The Pereire Villa in Arcachon, a component of their real estate initiatives, was demolished in the year 1959.

Related Concepts:

  • When was the Pereire Villa in Arcachon built, and when was it demolished?: The Pereire Villa in Arcachon, part of their real estate development there, was constructed between 1853 and 1863 and was demolished in 1959.
  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.

Which of the following urban landscapes did the Pereires help develop?

Answer: The development of the Parc Monceau neighborhood

Among their significant urban contributions, the Pereires were instrumental in the development of the Parc Monceau neighborhood in Paris.

Related Concepts:

  • What iconic urban landscapes did the Pereires contribute to developing?: The Pereires were instrumental in developing several iconic urban landscapes, including the Gare Saint-Lazare, the Parc Monceau neighborhood in Paris, the Rue de la République in Marseille, and the holiday resort of Arcachon.
  • How were the Pereires involved in the development of the Parc Monceau neighborhood in Paris?: The Pereires purchased the grounds around Parc Monceau from the Orléans family in 1861 and were involved in the development of the neighborhood surrounding the park.
  • What street in Marseille, developed by the Pereires, was formerly known as the rue Impériale?: The street in Marseille that the Pereires developed, previously named rue Impériale, is now designated as Rue de la République.

What happened to the Château d'Armainvilliers, built by the Pereires, after it was bombed by mistake in 1944?

Answer: It was demolished in 1950.

Following the accidental bombing in 1944, the Château d'Armainvilliers, a Pereire construction, was demolished in 1950.

Related Concepts:

  • What happened to the Château d'Armainvilliers in 1944 and 1950?: The Château d'Armainvilliers, built by the Pereires, was bombed by mistake by the US Air Force in 1944 and subsequently demolished in 1950.
  • Where did the Pereires purchase a vast estate in 1852, and what did they build there?: In 1852, the Pereires bought a large estate in Gretz-Armainvilliers. They commissioned their favorite architect, Alfred Armand, to build a palatial country house there, the Château d'Armainvilliers, in the early 1860s.

Place du Maréchal-Juin in Paris was previously named in honor of the Pereire brothers. What was its former name?

Answer: Place Pereire

The square in Paris now known as Place du Maréchal-Juin was formerly named Place Pereire, in honor of the Pereire brothers.

Related Concepts:

  • What was the previous name of Place du Maréchal-Juin in Paris, and when was it renamed?: The Place du Maréchal-Juin in Paris was called Place Pereire until 1973, honoring the Pereire brothers.
  • What street in Marseille, developed by the Pereires, was formerly known as the rue Impériale?: The street in Marseille that the Pereires developed, previously named rue Impériale, is now designated as Rue de la République.
  • What public transportation facilities in Paris are named after the Pereires?: The Pereire Metro Station and the Pereire–Levallois RER station in Paris are named in honor of the Pereire brothers.

Political Engagement and Economic Impact

Émile Pereire served as a deputy representing the Gironde department, while Isaac Pereire represented the Pyrénées-Orientales department during the Second French Empire.

Answer: True

Both Émile and Isaac Pereire held parliamentary seats as deputies during the Second French Empire, representing Gironde and Pyrénées-Orientales, respectively.

Related Concepts:

  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What political role did Eugène Pereire, Isaac's son, hold?: Eugène Pereire, Isaac's elder son, also served as a deputy, representing the Tarn department during the same period as his father and uncle.

Eugène Pereire, Isaac's son, never held political office during the Second French Empire.

Answer: False

Eugène Pereire, the son of Isaac, did hold political office, serving as a deputy representing the Tarn department during the Second French Empire.

Related Concepts:

  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What political role did Eugène Pereire, Isaac's son, hold?: Eugène Pereire, Isaac's elder son, also served as a deputy, representing the Tarn department during the same period as his father and uncle.

Isaac Pereire acquired the newspaper La Liberté in 1871 and significantly influenced its editorial direction in the subsequent decade.

Answer: True

Isaac Pereire purchased the newspaper La Liberté in 1871 and exerted considerable influence over its editorial policies throughout the remainder of the 1870s.

Related Concepts:

  • What newspaper did Isaac Pereire acquire in 1871, and how did he influence it?: In November 1871, Isaac Pereire acquired the conservative newspaper La Liberté from Émile de Girardin. He then heavily influenced its editorial line throughout the later 1870s.
  • In which newspapers did Émile Pereire write in the 1820s and 1830s?: In the 1820s, Émile Pereire wrote regularly for Le Globe, and from 1830 onwards, he contributed to Le National.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.

According to Persigny's memoirs, the Crédit Mobilier was seen as a tool that freed the Second Empire from the financial control of established powers.

Answer: True

Persigny's memoirs suggest that the Crédit Mobilier was instrumental in liberating the Second Empire from the financial oversight of entrenched powers, enabling more autonomous policy execution.

Related Concepts:

  • According to Persigny's memoirs, what was the significance of the Crédit Mobilier to the Second Empire's policy?: According to Persigny, the Crédit Mobilier was a crucial instrument that freed the Second Empire from the financial tutelage of established powers. He believed that without the Crédit Mobilier's support, the Empire's policy could not have been as bold and unconstrained.

The Pereire brothers challenged the financial dominance of the Rothschild family in continental European finance.

Answer: True

A significant aspect of the Pereire brothers' financial activities involved actively challenging the entrenched financial dominance of the Rothschild family across continental Europe.

Related Concepts:

  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What was the ethnic and religious background of the Pereire brothers?: The Pereire brothers were of Portuguese Jewish origin. This distinguished them from their main financial competitors, the Rothschilds, who were also Jewish but of German origin.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.

During the Second French Empire, Émile Pereire represented which French department in Parliament?

Answer: Gironde

Émile Pereire served as a deputy in the French Parliament, representing the department of Gironde during the Second French Empire.

Related Concepts:

  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.

What newspaper did Isaac Pereire acquire in 1871, significantly influencing its editorial direction afterward?

Answer: La Liberté

In 1871, Isaac Pereire acquired the newspaper La Liberté and subsequently exerted considerable influence over its editorial policies.

Related Concepts:

  • What newspaper did Isaac Pereire acquire in 1871, and how did he influence it?: In November 1871, Isaac Pereire acquired the conservative newspaper La Liberté from Émile de Girardin. He then heavily influenced its editorial line throughout the later 1870s.

According to Persigny's memoirs, what was the main benefit of the Crédit Mobilier to the Second Empire?

Answer: It freed the Empire from the financial tutelage of established powers.

Persigny's memoirs highlight that the Crédit Mobilier's principal contribution to the Second Empire was its role in liberating the government from the financial control exerted by established powers.

Related Concepts:

  • According to Persigny's memoirs, what was the significance of the Crédit Mobilier to the Second Empire's policy?: According to Persigny, the Crédit Mobilier was a crucial instrument that freed the Second Empire from the financial tutelage of established powers. He believed that without the Crédit Mobilier's support, the Empire's policy could not have been as bold and unconstrained.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

Eugène Pereire, son of Isaac, held which political office during the Second French Empire?

Answer: Deputy representing the Tarn department

Eugène Pereire, Isaac's son, served as a deputy in the French Parliament, representing the Tarn department during the Second French Empire.

Related Concepts:

  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What political role did Eugène Pereire, Isaac's son, hold?: Eugène Pereire, Isaac's elder son, also served as a deputy, representing the Tarn department during the same period as his father and uncle.

Which of the following statements about the Pereires' political careers is accurate according to the source?

Answer: Eugène Pereire, Isaac's son, also served as a deputy.

The source indicates that Eugène Pereire, Isaac's son, also held a political office, serving as a deputy during the Second French Empire.

Related Concepts:

  • What political offices did Émile and Isaac Pereire hold during the Second French Empire?: Both Émile and Isaac Pereire served as deputies (members of Parliament) during the Second French Empire, representing different departments. Émile represented Gironde from 1863 to 1869, while Isaac represented Pyrénées-Orientales from 1863 to 1869 and Aude in 1869-1870.

Challenges, Crisis, and Legacy

The Pereire brothers' financial alliances strengthened significantly in the mid-1860s, particularly after their restructuring of the Bank of Savoy.

Answer: False

In the mid-1860s, the Pereire brothers' financial alliances began to weaken, notably due to the repercussions from their restructuring of the Bank of Savoy.

Related Concepts:

  • What financial challenges did the Pereire group face in the mid-1860s?: In the mid-1860s, the Pereire brothers' financial alliances began to weaken. Their attempt to challenge the issue monopoly of the Banque de France by restructuring the Bank of Savoy caused resentment from their former associate Adolphe d'Eichthal.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

A severe crisis hit the Pereire group in 1866-1867, primarily caused by their investments in Marseille's industrial sector.

Answer: True

The Pereire group experienced a severe crisis between 1866 and 1867, largely attributed to the substantial financial burden incurred from their extensive industrial developments in Marseille.

Related Concepts:

  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.
  • What were the consequences for the Pereires following the crisis of 1867?: Following the crisis of 1867, the Pereires had to face numerous lawsuits and were compelled to sell their art collections in 1872, although they retained some of their wealth and properties.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.

The Pereires were forced to relinquish control of the Crédit Mobilier on October 14, 1867, following pressure from the Banque de France.

Answer: False

The Pereires relinquished control of the Crédit Mobilier on September 14, 1867, under pressure from the Banque de France, not October 14.

Related Concepts:

  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • What was the Comptoir national d'escompte de Paris, and what is its successor?: The Comptoir national d'escompte de Paris was created in 1848 and is one of the main predecessor entities of the modern banking group BNP Paribas. The Pereires were involved in its creation and development, though they did not control it.

Following the 1867 crisis, the Pereires were compelled to sell their art collections in 1872 but managed to retain most of their properties.

Answer: True

Post the 1867 crisis, the Pereires were indeed obliged to divest their art collections in 1872, though they succeeded in retaining a significant portion of their other assets.

Related Concepts:

  • What were the consequences for the Pereires following the crisis of 1867?: Following the crisis of 1867, the Pereires had to face numerous lawsuits and were compelled to sell their art collections in 1872, although they retained some of their wealth and properties.
  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.

The Pereire group's collapse occurred in the late 1850s, impacting their extensive railway projects.

Answer: False

The major collapse of the Pereire group's enterprises occurred in the late 1860s, specifically around 1867, not the late 1850s.

Related Concepts:

  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.
  • What role did the Pereire brothers play in the development of the Compagnie des chemins de fer du Midi?: The Pereire brothers created the Compagnie des chemins de fer du Midi in 1852. This company became one of the major French railway companies until its nationalization into SNCF in 1938.

What was the primary reason for the severe crisis faced by the Pereire group in 1866-1867?

Answer: The financial burden of their extensive developments in Marseille.

The severe crisis encountered by the Pereire group in 1866-1867 was primarily precipitated by the considerable financial strain resulting from their extensive development projects in Marseille.

Related Concepts:

  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.
  • What were the consequences for the Pereires following the crisis of 1867?: Following the crisis of 1867, the Pereires had to face numerous lawsuits and were compelled to sell their art collections in 1872, although they retained some of their wealth and properties.
  • What financial challenges did the Pereire group face in the mid-1860s?: In the mid-1860s, the Pereire brothers' financial alliances began to weaken. Their attempt to challenge the issue monopoly of the Banque de France by restructuring the Bank of Savoy caused resentment from their former associate Adolphe d'Eichthal.

The Pereires' financial activities led to a crisis in the mid-1860s partly due to resentment from Adolphe d'Eichthal over the restructuring of which bank?

Answer: Bank of Savoy

Resentment from Adolphe d'Eichthal, stemming from the restructuring of the Bank of Savoy, contributed to the financial crisis faced by the Pereires in the mid-1860s.

Related Concepts:

  • What financial challenges did the Pereire group face in the mid-1860s?: In the mid-1860s, the Pereire brothers' financial alliances began to weaken. Their attempt to challenge the issue monopoly of the Banque de France by restructuring the Bank of Savoy caused resentment from their former associate Adolphe d'Eichthal.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.

What was the consequence for the Pereires in 1872 following the financial crisis of 1867?

Answer: They had to sell their art collections.

As a consequence of the 1867 financial crisis, the Pereires were compelled to liquidate their art collections in 1872.

Related Concepts:

  • What were the consequences for the Pereires following the crisis of 1867?: Following the crisis of 1867, the Pereires had to face numerous lawsuits and were compelled to sell their art collections in 1872, although they retained some of their wealth and properties.
  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.
  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.

What was the primary reason for the weakening of the Pereire brothers' financial alliances in the mid-1860s?

Answer: Resentment from associates like Adolphe d'Eichthal over the Bank of Savoy restructuring.

The weakening of the Pereire brothers' financial alliances in the mid-1860s was primarily attributed to the discontent of associates, such as Adolphe d'Eichthal, arising from the restructuring of the Bank of Savoy.

Related Concepts:

  • What financial challenges did the Pereire group face in the mid-1860s?: In the mid-1860s, the Pereire brothers' financial alliances began to weaken. Their attempt to challenge the issue monopoly of the Banque de France by restructuring the Bank of Savoy caused resentment from their former associate Adolphe d'Eichthal.
  • Who were Émile and Isaac Pereire, and what was their significance in 19th-century France?: Émile Pereire (born December 3, 1800) and Isaac Pereire (born November 25, 1806) were pivotal figures in shaping France's financial and infrastructural landscape during the Second French Empire. They notably challenged the established dominance of the Rothschild family within continental European finance, often termed 'haute finance'. Despite the eventual collapse of their extensive enterprises in the late 1860s, their endeavors significantly contributed to a more dynamic economic environment.
  • What major event triggered a severe crisis for the Pereire group in 1866-1867?: The Pereire group underwent a severe crisis in 1866-1867, largely triggered by the financial burden of their extensive developments in Marseille.

The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, due to a demand from which institution?

Answer: The Banque de France

The Pereires were compelled to cede control of the Crédit Mobilier on September 14, 1867, following a directive from the Banque de France.

Related Concepts:

  • On what date were the Pereires forced to relinquish control of the Crédit Mobilier?: The Pereires were forced to relinquish control of the Crédit Mobilier on September 14, 1867, following a demand from the Banque de France.
  • When was the Crédit Foncier de France established, and what is its current affiliation?: The Crédit Foncier de France was established in 1852. It is now part of the Groupe BPCE. The Pereires sponsored its creation.
  • What major financial institution did the Pereire brothers found in 1852, and what was its role?: The Pereire brothers founded the Crédit Mobilier in 1852. This bank became the backbone of the Pereire group and was instrumental in financing many of their large-scale projects.

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