New Basel banking rules’ impact on European economy

The coming days will be crucial for the future of the European economy. The Basel Committee on Banking Supervision will officially present its final set of proposals on capital requirements for the banking sector, known as the Basel IV framework.

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The European banking sector: Brexit and other challenges

The European banking sector is facing many challenges, all at the same time. Brexit is one of them. In my opinion, clarity regarding Brexit will not come before 2018 and further political complexity can only be expected given the coming elections in France, Germany and elsewhere in Europe.

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Continuing the digital journey with humility, confidence and energy

I am extremely pleased to say that Societe Generale has once again been placed among the winners of the 3rd annual eCAC40 awards, organised by the French newspaper Les Echos. Each year, the Bank confirms its place among the most innovative and agile CAC 40 companies in terms of digital technology. Digital transformation is our number one priority. It’s a strategic and operational challenge which involves the whole company, at all levels. Each of our 146,000 staff members are part of this journey, which we have set out on in a spirit of conquest and innovation for the benefit of our clients.

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What will the future customer look like?

In ten years’ time, digital technology will have become an essential component of the relationship with our customers, without, however, being an exclusive mode of communication. In the future, we will be able to closely anticipate customer expectations and, whatever the means of interaction they choose (branch, digital, mobile, multimedia platform), we will be able to offer appropriate solutions and a wider range of personalised services, meeting the needs of “digital natives” as well as those concerned by an issue as sensitive as dependency. Digital technology is a tremendous means for increasing our capacity to provide advice and expertise, but also simplifying the life of our customers.

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BREXIT: a new Chapter begins

51.9% voted out, 48.1% in. The British people have chosen their side, and all we can do is accept their decision. Personally, I am very saddened by this decision, particularly as I have fond memories of my years in London. It is clear that this referendum, after 43 years of working together to build Europe, marks the end of a certain vision of Europe. And, there is no denying, it also marks the start of another.

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Working together to enhance the attractiveness of the Paris Financial Marketplace

Enhancing the attractiveness of the Paris Financial Marketplace. This was the aim of the “Welcome to Europe” conference I attended on 8 June, organised by Europlace and the Greater Paris Investment Agency in conjunction with the Ile-de-France region, the Paris City Hall and the Hauts de Seine department. I would like to share with you here the messages I put forward at the conference in my capacity as Chairman of the French Banking Federation.

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Staying focused on the real challenges of growth

With turmoil on the horizon, keeping calm and concentrating on the real issue of growth is the best strategy to adopt.

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