Societe Generale
SGAM AI plans launch of S&P-linked sharia-compliant index funds
SGAM Alternative Investments (SGAM AI) plans to launch a series of sharia-compliant index funds linked to Standard & Poor’s (S&P) sharia indexes by the end of August.
SG CIB launches timer options
Société Générale Corporate and Investment Banking (SG CIB) has developed a new type of option that allows buyers to specify the level of volatility used to price the instrument. Timer calls are designed to give investors more flexibility and ensure they…
LiquidityHub expecting launch in Q3
London-based electronic trading consortium LiquidityHub plans to start distributing the liquidity of 15 banks in interest rate swaps by the third quarter of this year.
Trading platforms strike deal with LiquidityHub
LiquidityHub, the London-based electronic trading consortium, has signed agreements to distribute its liquidity in the interest rate swap and US Treasury bond markets across the Reuters and Bloomberg trading platforms.
Exchange-traded credit derivatives disappoint
The world’s first exchange-traded credit derivatives, which were listed by Frankfurt-based Eurex on March 27, have posted lacklustre trading volumes, with only one major dealer making markets in them.
Lehman and Pioneer complete managed CPDO
Lehman Brothers, with Dublin-based asset manager Pioneer Investments, has closed its first managed constant proportion debt obligation (CPDO), called Ulisse Capital.
SocGen launches first insurance CDO
French investment bank Société Générale this week launched the first synthetic collateralised debt obligation (CDO) of insurance and reinsurance companies.
Isda welcomes outcome of SG appeal
The International Swaps and Derivatives Association has publicly welcomed a decision by the US Second Circuit Court of Appeals, overturning a ruling that forced Société Générale to pay out on a contentious credit default swap (CDS) contract.
SG marketing CPDO
Société Générale Corporate and Investment Banking (SG CIB) is marketing its first constant proportion debt obligation (CPDO). The deal, called Stelaris, will feature a short bucket.
SocGen reorganises capital raising and financing
Société Générale has reorganised its equity and debt operations to create a single capital-raising and financing division.
SG and Calyon announce brokerage merger intentions
Paris-based banks Calyon and Société Générale confirmed they plan to merge their futures and options brokering subsidiaries, Calyon Financial and Fimat.
SG partners with Kookmin Bank on commodity derivatives business
French bank Société Générale (SG) and South Korea’s Kookmin Bank have entered into a partnership to expand the commodity derivatives market in Korea.
BNP Paribas hires regional head of structured product sales
Stéphane Goursat has been named head of structured products sales at BNP Paribas for the UK, Ireland and South Africa.
Lloyds TSB appoints head of debt origination
Lloyds TSB Corporate Markets has appointed Farouk Ramzan to the new role of head of debt origination.
SocGen launching tradeable CDS index
Société Générale is launching a tradeable credit derivatives index, dubbed Credindex. The new index aims to simplify the process of investing in credit derivatives, to appeal to retail clients who are underinvested in the asset class.
Berry leaves Société Générale for BarCap
David Berry is leaving his job as global head of commercial market data at French bank Société Générale for a post at Barclays Capital.
SG names new Orbeo emissions joint venture with Rhodia
Paris-based bank Société Générale (SG) has released more details of its emissions trading joint venture with the French chemicals giant Rhodia, including the new company's name - Orbeo.
SG expands equity derivatives team in Japan
Société Générale Corporate and Investment Banking (SGCIB) has hired a team of five equity derivatives traders from Daiwa Securities in Tokyo.
Société Générale launches commodity-linked notes in Hong Kong
Société Générale has launched a three-year retail commodity-linked auto-callable note in Hong Kong. The principal-protected note will be linked to the price performance of an equally weighted basket of four commodities: West Texas Intermediate crude oil,…
SG names Seyer as new chief of Lyxor
Société Générale has appointed Laurent Seyer as the new chief executive of its asset management arm Lyxor. He takes over from Eric Personne, who will join the alternative exotic trading desk in the French dealer’s corporate and investment banking…
SG expands Chinese commodities team
Societe Generale has named Stephanie Clement de Givry as its new head of commodities finance in China.
SG expands structured credit team with Morgan Stanley hire
Tony Venutolo has joined Société Générale as an executive director of the investment bank’s structured credit product group in London. He will take charge of co-ordinating marketing and product development within the structuring team.