SG profits boosted by interest rate and forex structured solutions

SG highlights interest rates and forex structured products

Richard Jory
16 Feb 2011

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Société Générale extended its structured products activities to include interest rate and foreign exchange solutions during 2010, boosting its profits from financial and advisory by 3.5% compared to the previous year. At the same time, revenues for global markets were down 32.9% on the year. Overall, the French bank was able to declare revenues of €26.4 billion in 2010, a 20.1% rise on the previous year.

Equity revenues were €2.47 billion – a 28% fall year on year – with the bank noting

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