Degroof Petercam

In 1866, he moved to Brussels and started working for Venetian Jewish banker Giacomo (Jacques) Errera [fr], who had settled in the city a decade earlier.

During World War II, the Philippson family had to flee the country to escape antisemitic persecution, then came back following the liberation of Belgium in 1945.

During World War II, together with fellow partner Richard Weitzel, he ran the bank during Jules Philippson's exile.

[7] In 1998, Marcel Degroof, by then the controlling shareholder of Mupagemo, sold shares to the bank's management and to external investors via the holding Compagnie du Bois Sauvage.

[6] Petercam traces its origins to the stockbroking businesses of Léon Libert and Émile Van Campenhout, who started operations in 1919 and 1927 respectively, the former being joined from 1934 by his son-in-law Lucien Peterbroeck.

[10] In August 2023, Crédit Agricole announced its intent to purchase an 80 percent stake in Degroof Petercam via its subsidiary Indosuez Wealth Management.