Soc Gen revamps as Oudéa eyes revival

By David Rothnie
16 May 2019

Société Générale has raised the prospect of becoming the latest European bank to outsource parts of its equities business as it follows rivals with a cost-cutting drive, writes David Rothnie

The French bank appeared every inch a bank in a hurry when the management of its global banking and investor services (GBIS) division stood up in front of investors to explain how it will deliver its radical restructuring plan.

Séverin Cabannes, who was appointed to run ...

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