SG boosts German equity derivatives sales

SG plans to increase its presence in the German market and is moving its over-the-counter and listed options sales business from Paris to Frankfurt. However, activities in equity-linked structured products will continue to be conducted in the French capital. That brings the number in the French bank’s sales team for Germany to 20 - 10 of which are based in Frankfurt.

“By taking on new staff in the UK, Scandinavia, southern Europe and now Germany we have moved up a gear,” said Yannick Mallego, European head of institutional sales. “The expansion of our European flow sales business continues to progress rapidly.”