Societe Generale : CMD due to be held on 18 September
>Key points to watch out for at the CMD - Société Générale is to hold a CMD on Monday 18 September, with its new CEO Slawomir Krupa. We expect the group to provide an update on the implementation of its strategy, particularly on: 1/ retail banking in France, with the merger of the Société Générale and Crédit du Nord networks, for which the IT migration went ahead in H1 2023 (the group was initially targeting cost savings of € 450m in 2025 vs a cost base of € 5bn in 20...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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