Société Générale : Déception sur le Retail France
>Retail France – Second signal négatif depuis le début de l’année - La révision en baisse des perspectives de revenus 2018 à -1%/-2% vs stable est une déception par son timing et par comparaison avec les autres réseaux. Elle vient un trimestre après l’annonce que la croissance des charges d’exploitation pourrait atteindre jusqu’à 3.0% en 2018. Nous l’attribuons pour partie à une croissance en volume limitée notamment sur les crédits aux entreprises et autres emprunteu...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.
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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