Soc Gen mandates for client selectivity

By Ross Lancaster
09 May 2019

Société Générale will take an increasingly selective approach to which of its clients are allowed the full range of its product suite, as it targets big savings in its global banking and investor solutions (GBIS) division.

Speaking to reporters one week after the bank announced its first quarter results, deputy CEO Séverin Cabannes, in charge of GBIS, said the overall profitability of client relationships would determine who would be given lower margin products ...

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