Societe Generale completes integration of Commerzbank equity and commodities business
Commerzbank agreed to sell its equity markets and commodities business to Societe Generale in July 2018, including its ETF products and asset management business.
Tag: Societe Generale
Societe Generale could rethink risk-taking business after equities revenues plummet
Societe Generale's equities business saw revenues collapse by nearly 99% after it suffered huge losses in structured products linked to dividend payments.
Societe Generale hires HSBC electronic trading global sales head for APAC prime brokerage revamp
Two new teams focused on client management and electronic coverage have been established at Societe Generale, with HSBC’s Jonathan Green taking a leadership role.
Societe Generale global cash equities execution head joins big xyt
Richard Hills has departed Societe Generale after 18 years to head up client engagement at TCA provider big xyt.
Societe Generale and LBBW execute electronic Eurex/LCH basis swap trade with Wematch
Matching and negotiation platform Wematch said the transaction is the first to be negotiated on an electronic basis.
Sell-Side
Societe Generale deploys cloud trading system in prime brokerage revamp
The swap and cash prime brokerage will be combined onto a single infrastructure with Nuvo Prime, as Societe Generale targets growth of business.
Credit Suisse and Societe Generale adopt blockchain settlement platform for US equities
Paxos has been given the green light to launch its blockchain-based settlement service for certain broker-dealers, including Credit Suisse and Societe Generale.
Asset manager and bank heavyweights call for major reform to clearing houses
BlackRock, Goldman Sachs, Allianz, JP Morgan and Vanguard are among those raising concerns about CCPs, urging regulators to take action.
HSBC, Societe Generale, BNY Mellon and others fined $6 million for swaps violations
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
JP Morgan and Societe Generale invest in FinTech aiming to transform voice-traded markets
Wematch has 40 banks using its platform, having been part of FinTech programmes at both JP Morgan and Societe Generale.