SocGen’s VAR up 33% in Q4

Gap with French rival BNP Paribas shrinks to just €9 million, the least since mid-2020

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.

!function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t]

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here