Societe Generale
SG launches 'gemstone' series in Asia
AA-rated Lyxor Asset Management, the Luxembourg-based 'fund factory' of French bank SG that offers credit-enhanced management of funds, has introduced the first of its 'gemstone' series of funds in Hong Kong, called Sapphire Guaranteed Fund.
Fimat looks to build alternative investment presence
Fimat Group, Société Générale’s brokerage subsidiary, has formed a New York-based Financial Services Group (FSG) to increase its presence in the alternative investment community.
SG launches arbitrage synthetic CDO with 100% Asian exposure
SG, the corporate and investment banking arm of Société Générale, has closed a $100 million arbitrage synthetic collateralised debt obligation (CDO), backed by a portfolio of Asian credit default swaps.
SG expands fixed-income distribution team
SG, the corporate and investment banking arm of Société Générale, has hired Philip Brutsche to its German and eastern European fixed-income distribution team. Brutsche will be responsible for marketing flow fixed-income products, including interest rate…
SG appoints director of structured products in Tokyo
SG, a division of French banking group Société Générale, has boosted its Tokyo-based structured products team with the appointment of Soon-Il Lee as a director of the group.
SG launches another capital guaranteed fund in Hong Kong
SG, a division of French banking group Société Générale, has launched another capital guaranteed fund into the Hong Kong retail market, this time linked to stock market volatility.
European banks report decline in equity derivatives volumes
Despite another surge in implied volatility this month, the European equity derivatives business has seen a decline in volumes in 2002, say dealers. Implied volatility on the FTSE reached a high of 39.5% this month, compared with the average daily figure…
SG prepares fund of hedge funds for Hong Kong retail investors
SG Securities, a unit of France’s Société Générale, is preparing to launch a new capital guaranteed fund on a basket of global hedge funds by the fourth quarter of the year, according to the unit's Hong Kong-based managing director for equity derivatives…
Mixed results for sales of SG's 'gemstones'
SG, the investment banking arm of French bank Société Générale, is seeing mixed results this year from its sale of equity-linked structured products to the European retail market.
SG to enter structured bond business in South Korea
SG, the investment banking arm of France's Société Générale, plans to start offering structured bonds in South Korea by the second half of this year to cater for the growing demand for yield enhancing structures in the country, according to an official…
SG to offer 'mountain range' funds in Asia
SG, the securities division of French bank Société Générale, has begun rolling out its ‘mountain range’ series of capital guaranteed funds in Hong Kong, four years after they made their first appearance in the European market.
Asian investors look to structured credit
Low interest rates and tight credit spreads are fuelling an interest for structured credit products in the Asia-Pacific region, according to bankers. And a variety of structured and hybrid products are now being marketed to Asian investors there.
SGAM to hedge Santander’s Supersatisfaction II
SG Asset Management (SGAM) has won a contract to hedge an expected €1 billion of equity-linked deposits issued by Spanish bank Santander Central Hispano (SCH).
ABN Amro launches Asian absolute return group
ABN Amro has hired Richard Johnson and David Kwan as directors to create a new Asian absolute return strategy group in Hong Kong.
Korea drives Asian option growth
Turnover in equity index contracts rose by 40% at Asian exchanges in the fourth quarter of last year, according to the latest quarterly report from the Bank for International Settlements (BIS). The Switzerland-based banking body pointed to the rapid…
Merrill Lynch snags two from SG in Asia
Merrill Lynch (Asia Pacific) has snatched two derivatives specialists from SG Securities Global Equities, in a move to strengthen its position in the region's equity derivatives markets, according to the bank.
SG equity derivatives team unaffected by Asia restructuring
SG Securities Asia’s (SGSA), the Asian equities arm of French bank Société Générale, said plans to realign its operations in Asia – ex-Japan and Australia – will not affect its equity derivatives team, according to a spokesperson in Hong Kong. The bank…
SocGen, Citi in first North American warrants push
Citibank and Société Générale are set to sell the first warrants to the North American retail market when they start trading them via the Bourse de Montréal, Canada’s financial derivatives exchange, on Monday.
SG lures Deutsche’s Hopkin to securitisation team
SG, the investment banking arm of French bank Société Générale, has hired Richard Hopkin as deputy head of its European securitisation team.
ANZ poaches Rabobank’s food and agri risk team
ANZ Investment Bank, the investment banking arm of Australia and New Zealand Banking Group, is to expand its role in soft commodities by hiring four ex-Rabobank staff in London. The move will establish ANZ's presence in agricultural futures.