Bringing you live news and features since 2006 

Societe Generale launches new private bank in France

RELATED TOPICS​

Societe Generale is developing its private banking relationship model in France and extending its offer to a larger number of clients. 



The new model combines the expertise of the private bank with the proximity of the retail bank.
 
It is structured at a local level around:
 
• A private banker who determines with clients the best solutions for the organisation of their wealth and investments. The private banker carries out a full diagnosis of their wealth and accompanies them over the long term in the management and growth of their assets.
 
• A client advisor, who is in charge of the day-to-day banking relationship in the client’s usual branch.
 
• A team of experts composed of wealth planners and investment advisors.
 
The new organisation enables Societe Generale to extend its private banking offer to all its clients with financial assets of over EUR500,000.
 
The development is the result of the activities carried out jointly since 2008 between the private bank and Societe Generale’s retail bank in France, which led to opening a shared structure of eight regional private banking centres. Close to 200 new private bankers and experts, located in around 100 Societe Generale branches in 80 towns and cities, will join the existing organisation. 


 
Societe Generale Private Banking in France continues to be led by Patrick Folléa, who retains his functions as deputy head of Societe Generale Private Banking. 



Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by