Société Générale

GLE

FR0000130809

Banks

Market Closed - Euronext Paris Other stock markets 09:05:37 19/09/2024 pm IST			After market 01:29:59 am
22.88 ^EUR	+1.33%		22.87	-0.07%

12:09pm	SocGen's Overnight Economic News Summary	MT
18/09	SocGen Comments on China's Real Estate Prices	MT

Société Générale Société Anonyme Announces Executive Changes

August 02, 2024 at 04:49 pm IST

Societe Generale has announced the appointment of a global banking and advisory chief. The firm has announced the appointment of Fouad Farah as head of global banking and advisory. Farah is to take the place of Demetrio Salorio, who is leaving the firm.

Farah has more than 25 years of experience.

Latest news about Société Générale

SocGen's Overnight Economic News Summary	03:39pm	MT
SocGen Comments on China's Real Estate Prices	18/09	MT
SocGen's Overnight Economic News Summary	18/09	MT
SocGen Previews Tuesday's CPI Data in Canada; Comments on The Currency	17/09	MT
SocGen's Overnight Economic News Summary	17/09	MT
SocGen's Overnight Economic News Summary	16/09	MT
FRENCH BANKS : assessing cross-border and consolidation deals prospects	13/09
Our read-across of UCG’s move	12/09
European banks rise as UniCredit's move on Commerzbank lifts M&A prospects to forefront	12/09	RE
MTR Completes Issuance of 4.5 Billion Yuan in Offshore Green Bonds	12/09	MT
SocGen Previews Next Week's Policy Meeting at Indonesia's Central Bank	10/09	MT
Italy Issues 8 Billion Euros in New October 2054 Government Bond -- Update	10/09	DJ
SocGen's Overnight Economic News Summary	10/09	MT
United Overseas Bank Prices 750 Million Pounds In Covered Bonds	06/09	MT
French banks rise after Michel Barnier's appointment as Prime Minister	05/09	RE
SocGen's Thursday Outlook for Currencies, Bonds, Macroeconomics, Policy Events	05/09	MT
SocGen's Overnight Economic News Summary	05/09	MT
Société Générale: EU approves sale of SGEF to BPCE	04/09	CF
Groupe BPCE's Purchase of SGEF Gets European Commission Nod	04/09	MT
BPCE: EU approves acquisition of SGEF	04/09	CF
SocGen's Overnight Economic News Summary	04/09	MT
SocGen's EU Government Bonds Weekly Positioning Report	03/09	MT
SocGen's Overnight Economic News Summary	03/09	MT
France's political quagmire keeps asset recovery at bay	30/08	RE
TAG Immobilien Issues EUR500 Million Corporate Bond	29/08	MT

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Company Profile

Société Générale is one of the largest French banking groups. Net interest income breaks down by activity as follows: - financing and investment banking (36.8%): specialized financing (for acquisitions, projects, etc.), activity on the stock, interest rate, currency exchange, and raw material markets, brokerage operations, merger-acquisition consulting, commercial banking activities, etc.; - retail banking in France (30.7%; SG). The group also develops asset management and private banking activities (EUR 143 billion in assets under management in 2023), and provides online banking and online brokerage services (Boursorama Banque) as well as an economic and financial information Website (boursorama.com); - provision of specialized financial and insurance services (16.5%): consumer loan, leasing, management of car fleets, professional equipment financing and insurance; - international retail banking (16%). At the end of 2023, Société Générale managed EUR 533.8 billion in current deposits and EUR 485.4 billion in current credits. Net interest income is distributed geographically as follows: France (40.2%), Europe (37.4%), the Americas (8.3%), Africa (8%) and Asia/Oceania (6.1%).

Employees

1,26,000

Sector

Banks

Calendar

31/10/2024 - Q3 2024 Earnings Release

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