Report

Société Générale : Solvabilité mise à niveau mais génération de fonds propres incertaine

>Rattrapage bienvenu sur la solvabilité - SG regagne une vraie marge de manœuvre sur un sujet qui préoccupait les investisseurs :Grâce aux cessions et à une meilleure utilisation de ses RWA, le CET1 passe de 11.2% fin 2018 à 11.7% fin T1 2019.Les changements de périmètres déjà actés devraient apporter 15 pb supplémentaires. En conséquence, un CET1 de 12.0% paraît beaucoup plus accessible même en intégrant des charges de restructuration et des impacts ré...
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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