Retail banking in France
In France, we operate three complementary relationship banks: Societe Generale, Crédit du Nord and Boursorama. These three networks share best practices, simplify their processes, and provide offers tailor-made to meet their clients’ needs in an on-going and constant bid to improve the quality of their service.
This is where our story started. With a network of 2,257 branches, the Societe Generale retail bank is a household name in France, serving 9 million individuals as well as businesses, non-profits and institutions. It provides value-added banking and insurance products and innovative distance banking solutions.
Crédit du Nord
Crédit du Nord Group comprises eight regional banks, one asset management company and a brokerage firm. Its network of 918 branches serves 2,1 million individual customers, 218,000 professional customers and associations and 84,000 business and institutional clients. The Group’s banks aim to forge closer ties with its customers, so that every single one feels part of a lasting relationship.
Founded in 1995, Boursorama is a major player in online savings in Europe, and is present in four countries. In France, it operates the boursorama.com portal and provides online banking via the Boursorama Banque brand. It is a key online broker in the United Kingdom (Self Trade) and Spain (Self Trade Bank). In Germany, Boursorama is present under the brand OnVista Bank.
International retail banking
We have a well-established presence in international retail banking. We are present in 36 countries, with a total of 3,750 branches. Our focus is on maintaining our universal banking model while continuing to respect the specificities of local markets.
International Retail Banking division
Created in 1998, the International Retail Banking division adapts the universal banking model to the specificities of local markets. Currently, we are a leader in Central and Eastern Europe, Russia, the Mediterranean, Sub-Saharan Africa and the French overseas territories. We are also expanding our presence in Asia, with moves into Vietnam and China in recent years.
Specialised financial services and insurance
Consumer finance, vendor and equipment financing, operational vehicle leasing and fleet management and insurance. We provide these services to consumer and business customers and are available through our retail banks and from Societe Generale Corporate and Investment Banking.
Corporate financial services
For its corporate clientele, the Group provides financial and service solutions for vehicle fleets through ALD Automobile and financing solutions for the sales and equipment of professionals through SG Equipment Finance.
Learn more about Societe Generale Equipement Finance
Learn more about ALD Automotive France
As a specialized financial service provider for the car financing business with a wide product range including dealer financing, retail loan and retail leasing business for new and used cars we support car dealers in terms of being independent and in increasing their return on sales.
Learn more about Bank Deutsches Kraftfahrzeuggewerbe
Our products enable consumers to save for the future, protect themselves and their loved ones and insure goods and liabilities.
Corporate and Investment banking
Societe Generale Corporate & Investment Banking (SG CIB) is a vital player in fuelling the economic growth through its key role of intermediary between issuers and investors.
SG CIB is part of the Global Banking & Investor Solutions pole of Societe Generale group (GBIS). With 18,000 employees working in 53 countries, GBIS is present in all major markets in Europe, the Americas and Asia-Pacific and focuses on the needs of Corporates, financial institutions, public sector, family offices or High Net Worth Individuals. It regroups Corporate & Investment Banking, Private Banking, Asset Management and Investor Services.
At SG CIB, we support our core clients in their long-term and strategic goals across four essential functions: financing, advisory services, risk management and investment solutions. In these areas, our teams both offer issuers -corporates, financial institutions, the public sector- a broad access to markets and investors, and provide investors- institutionals and retail such as funds, asset managers, private banks, insurance companies and family offices-, smart solutions and access to investment opportunities.
With worldwide leading expertise in Equity Derivatives, Natural Resources Financing, Euro Fixed Income, Cross-Asset solutions, Execution, Clearing & Prime Brokerage services, we are recognised for our powerful engineering know-how and the quality of our product franchise.
We are active in three main activities: Coverage & Investment Banking, Financing and Markets, and rely on solid and performing Corporate and Resource functions.
Coverage and Investment Banking: Long-term relationships with Corporates, Financial Institutions, the Public Sector & Family Offices.
This division provides the full range of products and tailor-made solutions from SG CIB and the Group with:
- A focus on commercial and investment banking to accompany clients on all their needs (from strategic advisory, mergers & acquisitions, equity capital markets and strategic equity transactions)
- A comprehensive coverage set-up via Senior Bankers and Customer Relationship Managers, carrying out corporate banking activities and day-to-day relations, with a specific focus on cross-selling with all Societe Generale business lines.
Roles include: Client Relationship Managers, Corporate Finance/M&A/KYC Analysts, Senior Bankers, etc.
Global Finance: Integrated capital raising, financing and hedging solutions for issuers.
Issuer clients benefit from capital raising solutions, along with structured financing, and forex, commodity, inflation and interest rate hedging. We develop tailor-made products and provide strategic advice (capital structure advisory, financing schemes and capital markets) based on our worldwide expertise and in-depth sector knowledge (export, infrastructure, media telecom, commodities and energy) to meet our clients’ financing needs.
Roles include: Originators, Syndication Specialists, Sales, Structured Finance Specialists, etc.
Global Markets: Cross-asset investment, risk management solutions, execution, clearing and prime brokerage services
Our integrated cross-asset platform provides seamless access to global markets across all asset classes (equities, fixed income & currencies, commodities and alternative investments – from cash to derivatives). We develop advisory, investment, risk management solutions and also clearing, execution and prime brokerage services for the specific needs of each investor and corporates, supported by our number one worldwide equity derivatives franchise and leading positions in fixed income, commodities and research.
Roles include: Traders, Sales, Pricers, Brokers, Financial/Quantitative/Trading Analysts, Marketing Specialists, etc.
Corporate and Resource functions
The performance and development of these three areas of expertise rely on a strong cooperation with our Corporate and Resource functions such as Accounting & Finance, Operations, Information Technology, Operational Risk Management, Human Resources, and Communications. Whatever the challenges faced, they ensure quality, security, and reliability, offering an effective balance between accountability and innovation, people and process.
Roles include: Financial Controllers, Lawyers, Marketers, Middle-Officers, Project Managers, Risk Managers, Specialists in IT and Systems, Communications and Human Resources, etc.
Learn more about Operations
Learn more about Information Technology
Learn more about Finance
Lyxor Asset Management, a subsidiary of Societe Generale Group, was founded in 1998. With 600 employees of 30 different nationalities, and present in 12 countries in Europe, the Americas and the Asia-Pacific region, Lyxor boasts a unique positioning as a pioneer and leader in its fields of expertise.
Lyxor is part of the Global Banking & Investor Solutions pole of Societe Generale group (GBIS).
With 18,000 employees working in 53 countries, GBIS is present in all major markets in Europe, the Americas and Asia-Pacific and focuses on the needs of Corporates, financial institutions, public sector, family offices or High Net Worth Individuals. It regroups Corporate & Investment Banking, Private Banking, Asset Management and Investor Services.
ETFs & Indexing, Alternative, Structured, Active Quantitative & Specialised investments: Lyxor customises active investment solutions as the expert in all modern investment techniques and manages more than US$ 117.1bn * of assets.
Supported by strong research teams and leading innovation capabilities, Lyxor’s investment specialists strive to optimize performance and risks across all asset classes.
* USD 117.1bn - Equivalent to EUR 85.7bn - AuMs as 30th of June, 2014.
Roles include: Sales (Client Relationship Manager, Financial Markets Salesperson), Structuring & Portfolio Management (Structurer, Portfolio Manager, Assistant Portfolio Manager), Support Functions (Middle Office Manager, Head of Operations, Local Manager), Risk and Compliance (Market Risks Analyst, Operating Risks Manager)
Societe Generale Private Banking offers wealth management solutions to entrepreneurs and High Net Worth Individuals. Services include 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.
SGPB is one of the leading private banks worldwide, with over EUR 84 billion of assets under management at the end of December 2013.
It is part of the Global Banking & Investor Solutions pole of Societe Generale group (GBIS). With 18,000 employees working in 53 countries, GBIS is present in all major markets in Europe, the Americas and Asia-Pacific and focuses on the needs of Corporates, financial institutions, public sector, family offices or High Net Worth Individuals. It regroups Corporate & Investment Banking, Private Banking, Asset Management and Investor Services.
Societe Generale Securities Services provides a full range of securities services that are adapted to the latest financial markets and regulatory evolutions: clearing services, custody and trustee services, retail custody services, liquidity management, fund administration and asset servicing, fund distribution and global issuer services.
SGSS is part of the Global Banking & Investor Solutions pole of Societe Generale group (GBIS). With 18,000 employees working in 53 countries, GBIS is present in all major markets in Europe, the Americas and Asia-Pacific and focuses on the needs of Corporates, financial institutions, public sector, family offices or High Net Worth Individuals. It regroups Corporate & Investment Banking, Private Banking, Asset Management and Investor Services.
The Corporate divisions are responsible for plotting the future direction and global policies of Societe Generale. They support our different businesses with leadership, advice and support.
The 8,340 staff members guarantee the professionalism, coherence and synergy of the support activities in each of our core businesses.
Finance and Development
Responsible for all central finance functions, the Finance and Development Division implements, promotes and coordinates the various aspects of the financial management and strategy of Societe Generale. The missions of the Finance and Development Corporate Division are varied and extensive:
- Corporate finance strategy
- Corporate standards (management, accounting and reporting)
- Financial management and reporting
- Regulatory affairs
- Cross-functional financial projects
The Human Resources business line comprises 3,000 employees worldwide. They support the strategy and business of Societe Generale, and ensure team spirit and attractiveness. Corporate teams provide various services that are available to core businesses: Training, Recruitment, Social Relations, Talent Development, Employer Policy and Remuneration.
Corporate Secretary ensures the legal and tax security of our activities. It is responsible for the Group’s regulatory compliance. It steers and manages our insurance coverage and ensures we meet our Sustainable Development goals. The Corporate Secretary includes the Legal function, the Tax Department, the Insurance Department, the Compliance Department and the Sustainable Development Department.
Group Resources develops our operational efficiency and productivity through the standardisation of processes, the pooling of resources and the application of policies to ensure efficient sourcing. It works to improve the quality of service, increase responsiveness, reduce operational risks and optimise costs across Societe Generale.
It groups together the following activities:
- Group Information Systems Division: Manages and operates the IT systems that deliver innovative services to our customers
- Technical Infrastructure and Services Centre: provides the infrastructures, platforms and environments required to operate our business systems.
- Purchasing Division: designs sourcing policies and defines sourcing standards and processes.
- Organisation Department: tasked with improving the organisational efficiency of existing and new entities and piloting change management projects.
- Innovation Department: Steers and coordinates innovation across Societe Generale
- Operating Property Department: manages and operates our property assets around the world.
The Risk Management Division contributes to the development of the Societe Generale Group's business and profitability by:
- defining risk appetite of the Group for each activity along with the Core Businesses,
- implementing a risk management and monitoring system.
In carrying out its duties, the Risk Management Division combines independence with respect to business lines with a close collaboration with Core Businesses which are, in the first instance, responsible for the transactions they initiate.
The Group Communication Division manages the external and internal communications of Societe Generale. It defines the communications strategy that supports our business strategy. It ensures that all entities and subsidiaries communicate clearly and effectively by providing guidance and assistance.
The Communication division is divided into six areas of expertise:
- Press relations
- Branding: visual identity, advertising, media planning
- Sponsorship and Patronage
- Internal and institutional communication
- Public relations
Inspection and Audit
The Inspection and Audit Division (DCPE) employs 1,600 inspectors and Group auditors worldwide, under the authority of the Head of Inspection and Audit. Their main responsibility is to provide, through independent audits, an objective, thorough and impartial evaluation of:
- the compliance of transactions,
- level of risk effectively incurred,
- procedural compliance,
- effectiveness and relevance of the permanent control system in place.