Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Société Générale    GLE   FR0000130809

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/09/2012 | 11:45pm CET

"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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SOCIÉTÉ GÉNÉRALE
02/24 SOCIETE GENERALE : 24/02/2017 Proposals to nominate Directors and renew Director..
02/24 EXCLUSIVE - RBC REVIEWS ASIA WEALTH : sources
02/23 Banks' bond trading up in 2016 for first time since 2012 after Brexit, Trump ..
02/22 GENEX POWER LTD (ASX : GNX) Official Ground-Breaking Ceremony for Kidston Solar ..
02/16 SOCIETE GENERALE : Awarded with 2016 Best Volunteer for International Experience..
02/15 Big banks avoid hiring spree despite trading boom
02/15 GENEX POWER LTD (ASX : GNX) Kidston Solar Project Phase One 50MW Closes $100M Fi..
02/13 AVIVA : Sogecap to Acquire 50% Stake in Antarius from Aviva
02/11 The Weibo Corporation (Wb) Shares Sold by Sg Americas Securities Llc
02/10 SOCIETE GENERALE : SocGen's profit down over Splitska banka
More news
Sector news : Banks - NEC
02/27DJNATIONAL AUSTRALIA BANK : Hires Ex-NSW Premier Baird
02/27 European shares ease on weaker insurance sector, Italian stocks surge
02/27 FTSE ends higher on some positive earnings, insurers slip
02/27DJROYAL BANK OF SCOTLAND : RBS CFO Ewen Stevenson Buys 30,000 Shares
02/27 ING GROEP : Euro zone banks cut cross-border lending as stability fears grow
More sector news : Banks - NEC
News from SeekingAlpha
02/16 EU Second-Tier Banks Could Get Yield Curve Leg-Up
02/15 A Look At Bank And Broker Credit Default Swap Prices
02/09 Societe Generale ADR reports Q4 results
02/07 Marine Le Pen And French/European Banks
01/23 SOCIETE GENERALE : Rethinking Its Presence In Eastern Europe
Advertisement
Financials (€)
Sales 2017 25 213 M
EBIT 2017 7 897 M
Net income 2017 3 716 M
Debt 2017 -
Yield 2017 5,30%
P/E ratio 2017 9,12
P/E ratio 2018 8,32
Capi. / Sales 2017 1,33x
Capi. / Sales 2018 1,29x
Capitalization 33 464 M
More Financials
Chart SOCIÉTÉ GÉNÉRALE
Duration : Period :
Société Générale Technical Analysis Chart | GLE | FR0000130809 | 4-Traders
Full-screen chart
Technical analysis trends SOCIÉTÉ GÉNÉRALE
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 46,8 €
Spread / Average Target 13%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Frédéric Oudéa Chief Executive Officer & Director
Lorenzo Bini Smaghi Chairman
Philippe Heim Group Chief Financial Officer
Alain Benoist Head-Processes & Information Systems
Carlos Goncalves Head-Global Technology Services
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SOCIÉTÉ GÉNÉRALE-11.37%35 307
JPMORGAN CHASE & CO.4.68%323 225
WELLS FARGO & CO4.90%290 339
BANK OF AMERICA CORP9.64%243 575
INDUSTRIAL AND COMMRCL..6.58%242 076
CHINA CONSTRUCTION BAN..9.38%206 857
More Results