Raymond Poincaré had stabilized the franc on 25 June 1928, and the banking industry was entering what promised to be a prosperous period.

[1] After the outbreak of World War II (1939–45), in November 1939, Hypolite Worms was placed in charge of the French delegation to the Franco-English Maritime Transport Executive in London.

The French ordinance of 18 October 1940 placed companies, whose leaders were not considered true Aryans, under state control.

Olivier de Sèze of the Bank of France was made provisional administrator and a German banker was appointed to the board.

On 1 November 1940, an agency of the banking services department was set up in Marseille to serve the Free Zone.

The main branch of banking services in Paris continued to provide financing to French companies for the remainder of the war.

The inquiries found that Worms & Cie Banking Services had only played a small and involuntary role in financing for the Germans.

Jacques Barnaud, who had left the company to work for the Vichy government, was held until 20 June 1946, and was not cleared until 26 January 1949.

After the war Worms & Cie faced a huge reconstruction task, since much of its shipping fleet had been lost, and its shipyards destroyed.

Capital was increased and new shares were purchased by Bolsa, Bank of Scotland, and the Hessische Landesbank Girozentrale.

[1] Banque Worms now had agencies in Marseilles, Lyon, Lille, Le Havre, Montpellier, Nice and Toulouse.

Banque Worms continued to make investments in areas such as real estate finance, canning, oil transport and petrochemicals.

In April 1969, the bank established a subsidiary in Geneva, Switzerland, named Banque Worms et Associés (Genève) SA.

[3] The tax inspector Jean-Michel Bloch-Lainé was president of Banque Worms from 1984 to 1992, and engaged the bank in financing real estate.

[5] The UAP acquired the bank as part of the privatization, which proved to be a disaster due to the catastrophic real estate investments.

It served medium-sized and large companies, institutions, and wealthy private clients, who accounted for 20% of the business.

[9] In February 2001 the AXA Group confirmed that it had sold its wholly owned subsidiary Banque Worms to Deutsche Bank.

In April 2004, it was reported that Banque Worms, a subsidiary of Deutsche Bank, would become Licorne Extinction Gestion Initiative Réalisation with the purpose of managing, transferring and liquidating all its assets.