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Bred Group: Further French Bank Pushes to Germany

Summary by Handelsblatt
The Bred Group takes over parts of Oddo's business. It follows the example of other money houses. But why do France's money houses find the German market so attractive?

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The Bred Group takes over parts of Oddo's business. It follows the example of other money houses. But why do France's money houses find the German market so attractive?

·Düsseldorf, Germany
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BRED / Oddo BHF: a strategic acquisition across the Rhine, finalisation expected in 2027.

Next entry of a large French bank into Germany: BRED Banque Populaire buys two business units from investment bank Oddo BHF.

The cooperative bank will resume operations in connection with international trade. For its part, Oddo BHF will focus on private banking, asset management and investment banking.

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Handelsblatt broke the news in Düsseldorf, Germany on Tuesday, October 20, 2026.
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