SocGen’s VAR up 33% in Q4

- By Lorenzo Migliorato
- 10 Feb 2023

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Societe Generale’s trading value-at-risk averaged €24 million ($26 million) over the last quarter of 2022, a one-third increase compared with Q3.

The jump was driven by higher interest rate, credit and equity risk, which put the indicator – the bank’s estimate of the most its trading desk could lose on any given day – at its highest since end-2020.

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