Société Générale S.A. is a French multinational banking and financial services company headquartered in Paris. The company is a universal bank split into three main divisions, Retail Banking and Specialized Financial Services, Corporate and Investment Banking and Global Investment Management and Services. Based on 2012 data Société Générale is France's third largest bank by total assets and the no. 8 bank in Europe. Société Générale has been ranked as one of the world's most admired companies to work in. Société Générale is one of the oldest banks in France. Founded in 1864 its original name was Société Générale pour favoriser le développement du commerce et de l'industrie en France. Société Générale is often nicknamed SocGen in the international financial world. The long term debt of the group is currently ranked A by S&P, A2 by Moody's and A+ by Fitch.