SG looks beyond equity derivatives in new markets push

French bank aims to expand fixed income business to achieve “more stable” revenues across asset mix

Societe Generale has been synonymous with equity derivatives for more than three decades, building a global markets franchise around its long-standing exotics and structuring prowess.

Now the dealer is plotting an ambitious expansion of its fixed income operations to redress the balance, together with a cash equity push that will see the lender launch a prime broking operation alongside its well-flagged research partnership with AllianceBernstein.

“Historically, fixed income in relative terms has