Fresh from receiving a licence to trade equities and derivatives in Korea and more than doubling its local headcount in the past year, Société Générale is eyeing strong expansion.
Tag : sg
Société Générale plans a July launch of a capital-markets product with almost zero correlation to traditional asset classes.
Many Asian life firms missed Japan’s stock rally, but are mulling boosting exposure now with embedded downside protection, and fund houses are also eyeing capital protection, says Société Générale.
Panellists at AsianInvestor's debt investor forum last week debated this and other concerns facing institutions and wealthy individuals in terms of their fixed income exposure.
As the buy-side shifts to electronic trading for low-touch orders, banks' program trading desks are redefining themselves to assume more of a hand-holding role.
Bank compliance and legal counsel officers raise serious doubts over how new regulatory rules to curb rogue algo trading would be applied and who would potentially be held liable.
The combination of anaemic ETF trading volumes and rising funding costs means market-makers need to find a niche to survive in Asia’s heavily brokered markets.
They say the Singapore Exchange’s closing-price mechanism for ETFs can lead to portfolio mispricing, with the issue exacerbated by inactive secondary-market trading.
A ruling by Hong Kong’s SFC against the wealth-management arm of Société Générale is the first penalty against a private bank for internal lapses.
