Societe Generale

HBOS deal leads Lloyds to £3.96 billion loss

Lloyds Banking Group made a pre-tax £3.96 billion loss on a pro forma basis in the first half of 2009, primarily due to losses on commercial real estate assets held by HBOS, which it acquired in January.

Banks' own credit risk hampers financial results

Own credit risk - the concept of including the credit risk of an institution in the measurement of the liabilities it issues - had a significant impact on banks' profits in the first half of 2009, as credit default swap (CDS) spreads referencing banks'…

Société Générale launches new listed income product

Société Générale has issued a new listed plan, which guarantees to pay an income higher than a traditional savings account. The FTSE Income Protection 3000, which is listed on the London Stock Exchange, provides investors with a fixed income of £17, or 1…

Leading lights

As Structured Products magazine celebrates its fifth anniversary, the time is right to take a look back a mere 15-20 years to when it all began, and to interview a selection of 10 pioneers who created and fostered the business from its European…

The trace race

The concept of traceability has been a great success in the food industry. Would its adoption by the structured products industry be the quickest way to restore confidence in European markets and help a shattered banking sector? Participants at last…

CDSs on UK financials widen

The cost of credit protection on major UK banks rose this morning. The move came on the back of Standard & Poor's putting UK sovereign debt on negative ratings watch last week.

CDSs on US banks widen

The cost of credit protection on US banks increased this morning, having fallen - in some cases by as much as 50 basis points - on Friday after the announcement of the US government's stress-test results last week.

Paying the piper

The Nord Stream pipeline, planned to come online in 2011, will be vital to help Europe meet its future gas demands. However, financing any infrastructure project in the current climate is difficult. Roderick Bruce looks at the challenges facing Nord…

CDSs on US banks tighten

The cost of credit protection on US banks fell yesterday, in the week US Treasury secretary Timothy Geithner asserted "the vast majority" of the nation's banks are well-capitalised.

SG CIB tries to fix variance swap flaws

In the wake of hefty losses for sellers of variance swaps as volatility spiked last year, Société Générale Corporate and Investment Banking (SG CIB) is touting products that might make selling variance more palatable for investors.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here