Societe Generale's CEO Says Strong Capital Ratio Should Assuage Investors Fears

Societe Generale's CEO Says Strong Capital Ratio Should Assuage Investors Fears

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the decision not to cut dividends due to strong capital generation and sustainability beyond 2020. It covers the performance of investment banks, noting a decline in fixed income and equities revenues, but highlights restructuring efforts and job cuts to meet financial targets. The impact of the current interest rate environment on French banks is also analyzed, with a focus on retail activities and margin sustainability.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the reason given for not cutting dividends?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker assess the performance of their investment bank compared to peers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the restructuring target mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the current interest rate environment have on French banks according to the speaker?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of associational revenues is expected to be impacted?

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