Societe Generale gobbles up liquid assets

Societe Generale’s liquidity buffer reached a new high in the third quarter, topping €176 billion ($201 billion).

Total high-quality liquid assets (HQLA) rose 7% over the three months to end-June, and are up 14% from a year ago.

HQLA-eligible securities make up the biggest portion of the liquidity buffer, with a 48% share of the total. The €84 billion of liquid securities is the most the bank has had on hand since the first quarter of 2016, and is up a third on a year ago. 

Cash at central

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