SocGen cut trading VAR by a third in Q4

- By Lorenzo Migliorato
- 15 Feb 2022

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Societe Generale’s average trading value-at-risk fell by a third to a record low in the fourth quarter, seemingly defying the bouts of volatility that increased market risk at some of its European peers.

One-day trading VAR – a measure of the most the bank’s trading desk stands to lose on any given day – averaged €10 million ($8.4 million) over the quarter, down from €15 million through Q3 and the lowest since Q1 2007, the earliest period for which public disclosures are available.

!function

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net