VIEL & Cie is a subsidiary of VIEL & Compagnie Finance an international investment company.
VIEL& Cie strategy is to invest for the long term in companies operating in the financial sector. This strategy is designed to speed up their growth and development and make them leaders in their areas of business.
VIEL& Cie is therefore a major shareholder in both listed and unlisted companies.
The group has three core businesses :
Tradition is the interdealer broking arm of Compagnie Financière Tradition and one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products, with offices in 28 countries.
In Switzerland, Compagnie Financière Tradition is headquartered in Lausanne and holds a majority stake in Finarbit, a major actor in money market brokerage with cantonal banks and corporate companies.
Compagnie Financière Tradition is listed on the Swiss exchange (See share price)
Bourse Direct, is a major french financial web and on line broker in the french market.
VIEL& Cie also owns participations in Zonebourse and 4-Traders , two other important financial websites.
VIEL& Cie has a 40% stake in SwissLife Banque Privée.
This interest is consolidated in the financial statements using the equity method.
Global consolidated turnover of VIEL& Cie is 900,2 millions euros in 2011
VIEL& Cie is listed on NYSE Euronext Paris (See share price)