Société Générale is reorganising its global markets business in line with the “new regulatory environment,” the French bank said on Monday, as it outlined a wave of new appointments.
Central to the reorganisation, which the bank said is intended to “reinforce its clients with a full range of multi-asset and advisory services,” is the creation of a new equities and derivatives business and the expansion of the bank’s fixed income and currencies practice.
In the Asia Pacific region, the global markets division will remain under the leadership of Hong Kong-based Frank Drouet, while Yann Garnier, also based in the Asian financial services hub, has been appointed...