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Editorial comment: SG revamps Americas business

January is traditonally the month of abstinence following over indulgence during the holiday season. Plugging into the public's new found desire to lead a healthy lifetsyle celebrities, at least in UK and US, are quick to launch keep fit videos. French investment bank SG, something of a celebrity in structured products markets, has released 'Step up 2010.' Thankfully it's not a work out video.

Step up 2010 is actually the codename of the bank's management shake up programme for its Americas business. And, as part of the programme, SG has created a new US-based division dubbed global equities and derivatives solutions.

Promoted internally to head the division is New York-based Francois Barthelemy. Barthelemy first joined the bank in 1990 as an equity derivatives trader in Paris. In 1992

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