Investment Banking Starting Year ‘Positively’: SocGen CFO

The transcript discusses the market recovery post-pandemic, analyzing financial performance and economic profit. It outlines the 2021 outlook, management strategies, and strategic initiatives, including investments in sustainable finance. The focus is on improving profitability, reducing costs, and leveraging strategic opportunities.

What was the underlying economic profit of Societe Generale despite the accounting loss?

• 4.7 billion

• 1.4 billion

• 2.5 billion

• 3.6 billion

Which sector showed early signs of improvement in 2021 for Societe Generale?

• Insurance

• Wealth Management

• Corporate and Investment Banking

• Retail Banking

What is the price-to-book ratio of Societe Generale mentioned in the transcript?

• 0.75

• 1.00

• 0.50

• 0.24

What is one of the strategic initiatives Societe Generale is focusing on?

• Launching a new marketing campaign

• Reducing costs and improving the balance sheet

• Expanding into new markets

• Increasing employee benefits

What is Societe Generale's approach to cryptocurrencies?

• They are creating their own cryptocurrency

• They are avoiding all cryptocurrencies

• They are exploring blockchain initiatives

• They are investing heavily in Bitcoin

When is Societe Generale planning to unveil its strategic plan for CIB?

• April 2021

• May 2021

• March 2021

• June 2021

What is a key focus area for Societe Generale in sustainable finance?

• Retail banking expansion

• Cryptocurrency investments

• Greenwashing

• Energy transition