Société Générale: appointment of Antoine Jacquemin
April 18, 2024 at 05:16 am
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Societe Generale announces the appointment of Antoine Jacquemin as Global Head of Fixed Income, Currencies and Corporate Investment Sales within Societe Generale's Market Activities.
He will report to Sylvain Cartier, Co-Head of Societe Generale Market Activities, and Yann Garnier, Head of Sales, Coverage and Research for Societe Generale Market Activities.
' With his teams, his mission is to support companies in their hedging, liability management and investment needs, as well as in their strategic initiatives ' ' says the group.
In 2012, while based in London, Antoine Jacquemin was promoted to Deputy Head of Corporate Sales for Western Europe, in addition to his responsibilities within the MRA group.
In 2019, he continues his career in Paris, retaining responsibility for the MRA and taking over the management of corporate interest rate and foreign exchange sales for Europe excluding France. Since 2021, Antoine Jacquemin has also been Global Head of the Structured Finance Hedging team.
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Société Générale is one of the largest French banking groups. Net interest income breaks down by activity as follows:
- financing and investment banking (36.8%): specialized financing (for acquisitions, projects, etc.), activity on the stock, interest rate, currency exchange, and raw material markets, brokerage operations, merger-acquisition consulting, commercial banking activities, etc.;
- retail banking in France (30.7%; SG). The group also develops asset management and private banking activities (EUR 143 billion in assets under management in 2023), and provides online banking and online brokerage services (Boursorama Banque) as well as an economic and financial information Website (boursorama.com);
- provision of specialized financial and insurance services (16.5%): consumer loan, leasing, management of car fleets, professional equipment financing and insurance;
- international retail banking (16%).
At the end of 2023, Société Générale managed EUR 533.8 billion in current deposits and EUR 485.4 billion in current credits.
Net interest income is distributed geographically as follows: France (40.2%), Europe (37.4%), the Americas (8.3%), Africa (8%) and Asia/Oceania (6.1%).