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January 2012

People Moves Redundancy plan: Société Générale to join the party

The announcements of job cuts in investment banking continues. After a year fueled by rumors, Société Générale has officially announced the implementation of a voluntary departure plan for approximately 880 investment bankers (...)

December 2011

People Moves Didier Valet, new CEO of Socgen CIB

He replaces Michel Péretié, who has decided to pursue other opportunities outside the bank. Christophe Mianné will be the Deputy CEO

December 2011

Opinion Do the layoffs at Crédit Agricole represent a sharp decline in French banks?

The layoffs have unquestionably impacted the personnel of the French banks but a greater malaise reigns. A top ranked outgoing senior executive considers the current situation as symbolizing an unprecedented weakening of French (...)

December 2011

News Crédit Agricole CIB to withdraw from equity derivatives and commodities activities.

The french bank unveils a new corporate and investment banking model centred on serving major clients and the closure of operations in 21 countries

November 2011

Regulation Extension of the ban on the taking of net short positions in ten French securities of the financial sector

The Board of the AMF considered that the market conditions were not satisfactory to lift the said ban.

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