Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  SOCIETE GENERALE    GLE   FR0000130809

SOCIETE GENERALE (GLE)

3243
Delayed Quote. Delayed Euronext Paris - 07/24 11:38:38 am
39.1 EUR   +2.83%
1d ago SOCIETE GENERALE : 23/07/2014 Societe Generale wins three Awards in EMEA Fi..
1d ago SOCIETE GENERALE : Greyspark Partners
2d ago B/FASO : Roxgold gets $75m to develop Yaramoko mine
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

ROUNDUP: Views On Euromoney And The FX Industry -2-

05/09/2012 | 05:45pm US/Eastern
Recommend:
0

"It's not a concern [on the competition from the biggest banks]. It would be a concern if we were setting ourselves unrealistic goals but I am confident we can compete across the product range. It is simply a case of changing perception and spending time raising our clients' awareness of all aspects of our offering."

"Increasing market share with our target clients should naturally be picked up more broadly in the surveys but there is a lag because our target audience and the audience of each individual survey is not always 100% one and the same. But it should absolutely mean that we head into the top 10 and higher in Euromoney over time."

SOCIETE GENERALE SA (>> SOCIETE GENERALE): Remaining steady in the rankings, Societe Generale predicts a "deep structural change" within FX markets, revealing an opportunity for smaller players in the field and shifting the focus from pricing alone to other client priorities.

2012: 13 (1.76%)

2011: 13 (1.84%)

Gian Luca Fetta, Global Head of FX at Societe Generale Corporate & Investment Banking:

"The market is undergoing a deep structural change, more so than most of the players would recognise and at a pace widely underestimated by the market. This trend is a complete reshuffling of the cards and will challenge the established leadership in the FX markets."

"It's the best opportunity for the smaller players in a long time to really enter this space and to be more present in those areas. The aggregate number is not so meaningful. You have to look at the position in different client segments and regions."

"Client focus is the heart and the key of our strategy and it comes with an advisory approach that is much more tailor-made."

"The trend toward increased transparency, price discovery and better access to liquidity for every player means one can less and less make the difference on pure pricing anymore."

"My strong belief is that the advisory approach will grant us a prime positioning going forward. We are investing alongside the rest of the industry and here are many improvements we have done this year."

- By Jessica Mead and Katie Martin, Dow Jones Newswires; 44 20 7842 9256; jessica.mead@dowjones.com; @djfxtrader

(Alexandra Fletcher and Laura Clarke contributed to this article.)

Stocks mentioned in the article : SOCIETE GENERALE
Recommend :
0
React to this article
Latest news on SOCIETE GENERALE
1d ago SOCIETE GENERALE : 23/07/2014 Societe Generale wins three Awards in EMEA Finance..
1d ago SOCIETE GENERALE : Greyspark Partners
2d ago B/FASO : Roxgold gets $75m to develop Yaramoko mine
4d ago SOCIETE GENERALE : 21/07/2014 Societe Generale Securities Services appoints head..
4d ago SOCIETE GENERALE : 21/07/2014 Société Générale wins award for ‘Best Factor..
7d agoDJTreasury Bonds Pull Back, But Still Post Weekly Gain
7d agoDJTreasury Bonds Pull Back After Rally
7d ago SOCIETE GENERALE : 18/07/2014 Societe Generale named best bank in France by Euro..
07/17 Are Swiss trading houses turning into banks? Not quite
07/17 Bank asset review and litigation costs cast results shadow
Advertisement
Chart
Duration : Period :
SOCIETE GENERALE Technical Analysis Chart | GLE | FR0000130809 | 4-Traders
Income Statement Evolution
SOCIETE GENERALE : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF