Died 1844-05-26.
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Jacques Laffitte was a leading French banker, governor of the Bank of France (1814–1820) and liberal member of the Chamber of Deputies during the Bourbon Restoration and July Monarchy. He was an important figure in the development of new banking techniques during the early stages of industrialization in France. In politics, he played a decisive role during the Revolution of 1830 that brought Louis…
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politics · French banker and politician (1767–1844) · politician · banker · governor · minister · also Jacques Laffitte, Jacques Lafitte, Laffitte
Born 24 October 1767 · Died 26 May 1844 · Q665957
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Died 1844-05-26.
Text from Wikipedia, available under CC BY-SA 4.0.
With his creation of the Caisse Générale du Commerce et de l'Industrie, a forerunner of French investment banks of the second half of the 19th century such as the Crédit Mobilier (1852)
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Career landmark: President of the Council (1830–1831).
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By installing the ultra-royalist ministry of Prince Jules de Polignac
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Laffitte calculated his bank's obligation at 3,856,121 francs, interest included
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By voting for Villèle's plan for indemnifying notables for lands confiscated during the Revolution, but regained popular support in 1828 when his daughter, Albine Laffitte, was married to Napoleon-Joseph Ney, the son of
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Laffitte's ambitious financial planning was frustrated a second time when Villèle refused to authorize his proposed Société Commanditaire de l'Industrie, a private investment bank designed to provide bank credit for larg
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Along with fellow banker and industrialist Benjamin Delessert, Laffitte was a key figure in the establishment of the first French savings bank, the Caisse d'Épargne et de Prévoyance de Paris
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Took the lead with Delessert in founding the Compagnie Royale d'Assurances Maritimes,a pioneer joint-stock insurance company with a capitalization of 10 million francs
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And continued as a deputy throughout the Restoration except for the years 1824–27
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Career landmark: Governor of the Banque de France (1814–1820).
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Was named provisional governor of the Bank of France by the incoming Bourbon king Louis XVIII
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Laffitte also took over his place as one of the fifteen regents of the Bank of France
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Because of Perregaux's declining health, he was named managing director and effective head of the bank
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And president of its directing Council of Regents
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Born 1767-10-24.
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