These results provide further confirmation of the commercial momentum of the Societe Generale Group's businesses, a source of future revenue growth, and the solidity of financial performances, thanks to good control of operating expenses and the confirmed decline in the cost of risk despite a lacklustre economic environment.
Frédéric Oudéa, Chairman and CEO
Playing for Salle Pleyel, a unique initiative in the world of business
Bravo! Playing for Salle Pleyel brought together 180 singers and 60 musicians from all parts of Societe Generale to perform at this famous Parisian music venue. The three concerts were a real success!
The new ecosystems of innovation
Develop open innovation to benefit from the creativity of a wide variety of communities (start-ups, students, customers, employees, etc.). To innovate, a company needs to open up and create ecosystems that involve its stakeholders such as customers, start-ups and universities, as well as staff.
Excessive focus on the size of central banks’ balance sheets
Now that key rates can no longer be cut any further, the size of central banks’ balance sheets has become market observers’ favourite indicator for evaluating monetary policies. Accordingly, the markets are now pushing central banks to increase the size of their balance sheets. The European Central Bank (ECB) is now overtly targeting to inflate its balance sheet back to levels seen in early 2012.
Latest press releases
Societe Generale Securities Services extends South African custody hub to Mauritus
Societe Generale Securities Services (SGSS) has extended its South African custody hub to Mauritius by becoming the first remote participant to receive approval from the Mauritius Financial Services Commission (FSC) to provide comprehensive custody services in the country.
Lyxor announces new organization around three business lines and outlines its strategic ambitions for 2018
Lionel Paquin, CEO of Lyxor, the fully-owned Asset Manager of Societe Generale Group, today presents its new organization and ambitions.