50 REPORT ON COOPERATION IN AMERICAN EXPORT TRADE,
London; Lazard Freres et Cie., connected with Lazard Freres, of
New York, and Lazard Bros. &amp; Ceo., of London; Harris, Winthrop
&amp; Co., of New York; Munroe &amp; Co., connected with John Munroe
&amp; Co., of New York; Raymond, Pynchon &amp; Co., of New York and
London; Seligman Fréres et Cie., connected with J. &amp; W. Seligman
% Co., of New York, and Seligman Bros, of London.
Connection with South American countries is given by various
British foreign trade banks, such as the Anglo-South American
Bank, the Commercial Bank of South America, the London &amp; Brazilian
 Bank, and the London &amp; River Plate Bank.
The characteristic policy of the German great banks, the founding
of separate but tributary banks abroad, has not been generally followed
 by the French, but to this rule there have been some exceptions,
 such as the following :*
The Banque de Paris et des Pays-Bas has founded, or been concerned
 in the founding of, the following financial institutions :?
Banque d’Outremer, head office, Brussels.
Banco Espafiol de Credito, head office, Madrid, branch at Paris.
Banca Commerciale Italiana, head office at Milan : over 50 branches
in Italy. (But see p. 47.)
Banque Générale de Bulgarie, with head office at Sofia and
branches at five other points in Bulgaria ; founded by the Banque de
Paris et des Pays-Bas and the Hungarian Commercial Bank of Pest,
Budapest; Banco do Brazil, head office, Rio de Janeiro.
Banco Nacional de Mexico, head office, Mexico City: about 40
branches and 20 agencies in Mexico.
The Banque de I'Union Parisienne is interested in the following :
Banque Commerciale Roumaine, Bucharest, with the Wiener Bankverein,
 of Vienna; the Crédit Anversois. of Antwerp; and the Crédit
Général Liégeois, of Liége.
Banque Balkanique, head office, Sofia ; branches at seven other points
in Bulgaria. The Wiener Bank-Verein is interested in this:
Banque d’Athénes, head office, Athens; a branch at Hamburg; 15
branches in Greece, including Crete. four in Turkey. and four in Egypt
and Cyprus.
The Banque Francaise pour le Commerce et I'Tndustrie founded the
Agricultural Bank of Egypt, with headquarters at Cairo, and, in
connection with London and New York houses, the Bank of Habana.
The Comptoir National d’Escompte de Paris has agencies at
London, Liverpool, and Manchester, in England; at Brussels, in Belgium;
 at San Sebastian, in Spain; at Alexandria, Cairo, and Port
Said, in Egypt; at Bombay, in India: and at Sydney and Melbourne,
“1 Palgrave, Banking Almanac, 1916; cf, List of the Principal Foreign and Colontal
Banks and Bankers,
Tp Om Hegemann, Die Entwickelung des franzésischen Grossbankbetriebes, 1908, pp.