Frédéric Oudéa has been CEO of Société Générale for longer than any other current head of a leading European bank. His success in bringing the bank through the financial crisis and its aftermath is widely acknowledged. But can he articulate a convincing vision of SocGen’s future?

SocGen CEO and European Banking Federation head says US-style continental franchises can emerge, but only after more integration of banking and capital markets has paved the way.

Libyan Investment Authority fails to convince court US bank duped it; Société Générale case even bigger but LIA is rudderless.

Results index

Results index Global All transactions 2016 2015 Bank Score 1 2 HSBC 6548 2 3 Citi 3830 3 1 Deutsche Bank 3116 4 13 Bank of New York Mellon 1728 5 14 Sumitomo Mitsui Banking Corporation 1536 6 8 JPMorgan 1534 7 5 Commerzbank 1359 8 4 Bank of America Merrill Lynch 1339 9 6 Standard Chartered 1305 10 7 Barclays 1303 11 9 Bank of Tokyo-Mitsubishi UFJ 1209 12 32 Industrial & Commercial Bank of China 1057 13 45 DBS Bank 1045 14 12 Wells Fargo 823 15 11 Bank of China 817 16 19 Societe Generale 721 17 18 Mizuho Bank 692 18 16 UniCredit 607 19 21 ADCB 605 20 15 RBS 535 21 10 BNP Paribas Fortis 504 22 Cathay United Bank 501 23 22 Yapi Kredi 355 24 UOB 352 25 ANZ Banking Group 340 26 23 ING Group 265 27 35= Agricultural Bank of China 251 28 29 Akbank 250 29 17 RZB 223 30 137= Bank Mandiri 218 31 42 Arab Bank 194 32 39 Bank of Communications 193 33 28 UBS 189 34 ATF Bank 188 35 208= Bank Central Asia 182 36 BNI 46 162 37 CIMB 156 38 38 Danske Bank 152 39 65= Banco BPI 144 40 208= Bangkok Bank 132 41 Siam Commercial Bank 126 42 40 Credit Agricole 122 43 34 BBVA 118 44 Hang Seng 116 45 41 Lloyds 114 46= 27 Garanti Bank 110 46= 74= Bancolombia 110 48 Bank Danamon 107 49 NAB 106 50 Bank of Nanjing 103

The country’s banking sector is the most undercapitalized in Europe, so French calls for a delay to new capital rules are growing.

The inexorable rise of Banka Kombetare Tregtare (BKT) continued in 2015, as the Turkish-owned bank overtook long-standing market leader Raiffeisen Bank to become Albania’s largest lender. By the end of 2015, BKT’s share of the overall loan market had risen to 19.6% on the back of year-on-year portfolio growth of 9.1%, while that of its Austrian rival had dropped to 18.9%. Raiffeisen’s deleveraging was partly driven by a reduction in risk appetite on the part of the parent group, but high levels of legacy bad debts also weighed on growth and profitability.

Results index Despite difficult conditions and sanction restrictions which continue to affect the region, Société Générale has affirmed its strong commitment to CEE with a peerless transaction services offering. It is this year’s winner of the award for the best bank for transaction services in CEE.

Austrian market leader Erste Bank posted another set of healthy results in 2015 but the standout story of the year, in terms of both growth and profitability, belonged to Bawag PSK. The private equity-owned bank saw its bottom-line result jump by 26% year-on-year to €418 million, giving a sector-beating return on equity of 16.2% on the back of higher core revenues, lower operating expenses and a dramatic reduction in risk costs.

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Results Index Methodology Overall:

It is tempting to wonder if the Libyan Investment Authority’s actions against Goldman Sachs and Société Générale could end up going the same way as Jarndyce and Jarndyce.

Extended results can be viewed here.

Trade Finance Survey 2016 full results Global 2016 2015 1 1 Deutsche Bank 2 2 UniCredit 3 3 Citi 4 4 HSBC 5 5 Commerzbank 6 14 Société Générale 7 12 RBS 8 6 Standard Chartered 9 20 ING 10 10 Santander

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Results index

Citi retains top spot in Global FX as clients execute more than half electronically for the first time

Overall market share

Heads of Société Générale Private Banking talk to Euromoney about how a domestic presence is key to growth and why the retail branch network cannot be ignored.

Société Générale and BNP Paribas outline new plans to get their investment banking divisions growing again. The US market is central to the ambitions of both banks.

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The increasingly litigious Libyan Investment Authority has turned its attention from Goldman Sachs to Société Générale, as it tries to get money back from investment advice it received in 2008. Court documents shed light on a mysterious Panama-based company – whose function for the LIA and the Gaddafi administration has long puzzled observers – which is alleged to have received $58 million in bribes from the French bank.

The much-vaunted acquisition by Singapore’s DBS of the Asia private banking arm of Société Générale has come to fruition with a $220 million deal – and received a mixed reception.

A subsidiary of French banking group Société Générale has launched a new supply chain finance platform designed to enable large companies to provide much-needed financing support to their small and medium-sized suppliers.

The French bank adds more than 80 private bankers and closes the gap with BNP Paribas on asset under management.

Leads the way with low-trigger temporary write-down deal; Regulators will push banks to issue

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