Understanding our 3rd Quarter 2018 Results

As 2018 draws to a close, the global economic recovery is losing momentum, slowed by the headwinds of tighter financial conditions, pockets of capacity constraints and heightened policy uncertainty. The impact of these headwinds on individual economies, moreover, has been asymmetric with those suffering large external imbalances, such as Turkey and Argentina, hardest hit. On a more positive note, a strong impulse coming from fiscal expansion in the United States, targeted policy accommodation in China and still accommodating monetary policies in Europe and Japan are supportive factors looking ahead to 2019.

After ranking fourth in 2014 and 2015, then third in 2016 and second last year, Societe Generale Group has been recognised most advanced company in terms of digital transformation, across all evaluation criteria: digital culture, technological expertise, relationships with the innovative ecosystem, security, external communication.
The 5th annual eCAC40 Awards, organised by the editorial team of Les Echos Executives and Gilles Babinet, France’s Digital Champion at the European Commission, rewards French top 40 companies for their digital maturity. This first place did not happen by chance but owes everything to the extraordinary engagement of all our teams. Find out why in the dossier on the innovations serving our clients, the relations we build with the technology ecosystem and the benefits new technology is bringing.