What’s next for Société Générale and Natixis?

By David Rothnie
13 Aug 2020

Société Générale and Natixis have purged their senior ranks following second-quarter losses and to prepare for strategic revamps, but David Rothnie thinks the future will remain challenging for both.

Société Générale(SG) and Natixis have begun the French summer holiday season on a sour note, after both banks’ boards ousted executives. Their woes are linked to poor performances in their respective equity derivatives operations as the coronavirus pandemic led to losses in structured products. ...

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