Societe Generale
No fast buck for global banks moving into China
New entrants must not think majority stake in JV will pay immediate dividends
BNP Paribas grows SFT assets 36%
French bank has overtaken Barclays to become the largest European SFT dealer
EU bank leverage increases in H1
Average leverage ratios degrade 19 basis points in six months to June
Optimisation services edge closer to EU clearing exemption
Lawmakers ask European Commission to consider if offsetting non-cleared trades could be exempt
Delving into the FASB's current expected credit loss model
The Financial Accounting Standards Board's current expected credit loss rule could mean loss provisions for loans are three times higher than with International Financial Reporting Standard 9
Capital structures vary across EU banks
Median lender's capital stack is 75% CET1, 10% AT1, and 15% Tier 2
Top European banks shed $32 billion in op risk
5% average drop across 16 European banks reported quarter to quarter
Societe Generale defers €1.35 billion of trade profits
French dealer holds back far more than rival dealers
Risktech start-ups struggle to clinch big-bank contracts
Light on cash, risk management fintechs face an extended gauntlet most won’t survive
Singapore house of the year: Societe Generale
Structured Products Asia Awards 2018
Foreign exchange house of the year: Societe Generale
Structured Products Asia Awards 2018
Asia structured products house of the year: Societe Generale
Structured Products Asia Awards 2018
French banks’ leverage ratios rally on EU court win
Improvements of 10 to 30 basis points follow change to leverage measure
Mattatia makes surprise move to MSCI
Former SG equity derivatives structurer was set to join BNP Paribas
SG eyes capital savings from business exits
Sales of Eastern European and Spanish units to furnish CET1 buffer
People moves: Barclays names ‘digital’ leaders for markets, JP Morgan promotes Fernandes, and more
Latest job changes across the industry
Regulators bristle at slow progress on BCBS 239
Three out of 30 banks compliant with six months to go; talk of capital add-ons for laggards
AI wide open
The Risk Technology Awards 2018 have highlighted how new technologies are bringing recognition for vendors
People moves: SocGen hires new strategy head, RBS loses CFO, and more
Latest job changes across the industry
Op risk data: SocGen suffers twin blow with Libor, Libya losses
French bank takes top two slots in monthly loss data roundup. Plus review of H1 losses. Data by ORX News
Bank risk committees: desperately seeking risk managers
Most boards still lack career risk specialists despite tighter governance requirements
Take-up of credit modelling varies at European banks
Percentage of credit RWAs calculated using IRB approaches ranges from 42% to 91% across large dealers
Asia Risk Interdealer Rankings 2018: The winners
Societe Generale and BGC top the tables
Crédit Agricole and Groupe BPCE hardest hit by countercyclical buffer
Minimum capital requirement will rise around 20 basis points at BPCE; 16 at Crédit Agricole