Latest restructure and cost-cutting plans at Societe Generale follow the near collapse of the bank’s equities revenues earlier this year.
Tag: Societe Generale
Jenny Chen joins big xyt as head of sales for the Americas after previously spending eight years as head of global execution services at Societe Generale.
Gareth Hughes will lead fixed income and currencies for the Americas at Societe Generale, after working for the bank since 2009.
Eurex Clearing has cleared its first inflation swap transactions, with BNP Paribas, UniCredit and Societe Generale the first to submit trades.
Societe Generale Luxembourg has implemented execution analytics from big xyt via its transaction cost analysis platform.
FXSpotStream names second liquidity provider this year Societe Generale bringing its total conglomerate of liquidity providing banks to 15.
Commerzbank agreed to sell its equity markets and commodities business to Societe Generale in July 2018, including its ETF products and asset management business.
Societe Generale's equities business saw revenues collapse by nearly 99% after it suffered huge losses in structured products linked to dividend payments.
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.
Richard Hills has departed Societe Generale after 18 years to head up client engagement at TCA provider big xyt.