Societe Generale restructures business lines amid cost cutting plans
Major restructure at Societe Generale is part of the bank’s plans to reduce costs by €500 million.
Tag: Societe Generale
Societe Generale appoints equities and equity derivatives Americas co-heads
James Masserio and Salim Nemouchi will replace Hatem Mustapha as co-heads of equities and equity derivatives for the Americas region.
LCH appoints former Soc Gen, JPM post-trade head to lead equities
Former Societe Generale head of sales and relationship management appointed to lead equities business.
Societe Generale axes 1,600 jobs as part of major cost cutting scheme
After announcing major €500 million cost reductions plans, Societe Generale has said that 1,600 jobs could be cut globally.
Societe Generale appoints UK global markets head
Antoine Broquereau will lead trading activity for Societe Generale in the UK as the bank continues with plans to cut costs across the business globally.
Eurex Repo adds Soc Gen and BBVA to partnership programme
Eurex now has 28 participants signed up to the repo partnership programme including JP Morgan, Deutsche Bank and Morgan Stanley.
Societe Generale reshuffles markets leadership amid €500 million cost reduction plans
Jean-François Grégoire has been named head of global markets as Societe Generale looks to drastically reduce costs in 2020.
Societe Generale to establish clearing base in Paris
As Brexit looms, Societe Generale is to open a new base in Paris for clearing of derivatives and OTC products by the end of the year.
Societe Generale deploys reconciliation and data control system from Duco
Investment bank to automate reconciliation processes across all business areas through new reconciliation and data control systems.
Societe Generale anticipates €1.1 billion penalty for US violations
Societe Generale has said the investigation related to US dollar transactions it processed with countries that are subject to US sanctions.