Societe Generale Private Banking, the wealth management arm of Societe Generale, is one of the leading private banks worldwide, with EUR 82 billion of assets under management at the end of September 2010. With 2,800 staff in 21 countries across the globe, Societe Generale Private Banking offers wealth management solutions to entrepreneurs and High Net Worth Individuals with financial assets in excess of one million euros.
Societe Generale Private Banking’s offering includes international wealth planning and fiduciary services (trust and tax planning), a global expertise in structured products, hedge funds, mutual and private equity funds, real estate investment solutions and access to capital markets. In 2010, Societe Generale Private Banking was rewarded with the titles of ‘Best private bank worldwide, in Western Europe and The Middle East for its offer in Structured Products and Equity Derivatives’ (Euromoney). In 2009 the private bank received the awards of the ‘Best Private Bank in Japan and Luxembourg’ (Euromoney). It was also ranked as one of the top 3 private banks in Europe and named ’Outstanding Wealth Manager for Family office services’ with Rockefeller Financial (Private Banker International).
Articles
Opinion Strong support for the Euro and weak factors for cyclical currencies.
According to SG Private Banking’s strategists, the interest rate differential is supporting the euro, whereas mounting incertitude is weighing on cyclical currencies.
Strategy Making good use of the drop in correlation through equity arbitration
Despite fairly divergent hedge fund trends in the second quarter, SG Private Banking’s strategists remain positive but have a preference for Relative Value and Event-Driven.
People Moves Senior appointments at Société Générale Private Banking
Societe Generale Private Banking has made 4 senior appointments in the Wealth Planning, Fiduciary Services and Life Insurance Department, which is headed by Laurent Joly.
Strategy Currencies: Projected dollar weakness over the medium term and gains in emerging currencies exchanged under State control.
The euro is not expected to experience abrupt movements versus the dollar whereas the yen might see a decline in 2011 and the pound is on a course towards strengthening versus both the euro and dollar
Strategy Commodities: Political tensions coupled with robust growth pushing Oil prices higher & short-term consolidation for Gold
According to Société Générale Private Banking’s strategists, the recent spike in oil prices strikes as too abrupt to be entirely justified by fundamental economic factors and Gold entered a short-term consolidation.
RSS Feeds
 | News Feed |
| Jobs & Internships |
| Trainings |
|
|