Report

Societe Generale : Sell-side lunch with the CFO

>Targets confirmed but “tactical adjustments” are possible - SG confirmed its overall objectives while clarifying some points:The cost trajectories and capital allocation per division might be revised depending on how implementation of the plan unfolds.SG pointed out that its strategy plan assumes an acceleration in the final years after a phase of investments.We believe the roll-out of the plan could be disrupted by a less favourable economic environme...
Underlying
Societe Generale S.A. Class A

Societe Generale is a universal banking and financial services group based in France. Co. is engaged in operations in areas such as retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. Co.'s three segments are: French Retail Banking (FRB); International Retail Banking & Financial Services (IBFS); and Global Banking and Investor Solutions (GBIS). FRB offers products and services to individual, professional and business customers; IBFS comprises banking networks and consumer finance activities; and GBIS covers global activities of Corporate and Investment Banking. Co. maintains operations across 76 countries globally.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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