Monthly report, June 2010
- A LA UNE
>> Ambition SG 2015 : Deliver growth with lower risk
Make Societe Generale a leader in Europe, close to its customers, a reference on its markets, chosen for the quality and commitment of its teams:
- Enhance a client-oriented universal banking model refocused on three core pillars;
- Complete the optimisation of the Group’s portfolio of activities;
- Maintain a strict risk management;
- Transform the operational model.
>> Acquisition of SMC: Crédit du Nord and BPCE into exclusive negotiations
Crédit du Nord and BPCE have entered into exclusive negotiations regarding the potential acquisition of Société Marseillaise de Crédit by Crédit du Nord.
>> Societe Generale takes over the corporate banking activity of the Swedish bank SEB in France
On June 16, 2010, Societe Generale and SEB signed an agreement to take over all of the corporate banking activity managed in France by the Swedish bank by the end of December 2010.
>> Strong participation of Societe Generale employees in the third edition of Citizen Commitment Week
Throughout the world, Societe Generale’s employees mobilized more than ever for the third edition of Citizen Commitment Week held from 10 to 18 June 2010.
- OUR BUSINESSES
>> A new commercial alliance with U.S. Bancorp Fund Services
Societe Generale Securities Services provides global fund services through a new commercial alliance with U.S. Bancorp Fund Services.
>> Discover Societe Generale’s iPhone App
Already an iPhone pioneer with the mobile Internet site launched in 2008, Societe Generale has gone a step further by launching an application for the Apple-brand phone.
>> Paris-London… by bike
As a part of Citizen Commitment Week, 88 Societe Generale cyclists left Paris on 10 June for an incredible challenge: reaching in London in three days to benefit Care, an NGO which has been a partner of the Societe Generale Foundation for Solidarity since 2008.
- SUSTAINABLE DEVELOPMENT
>> A sizeable contribution to microfinance
The sixth edition of Microcredit Week, organised by ADIE in France, has been being held from 1st to 6th June. A good opportunity to focus on the Group’s microcredit initiatives.