SocGen 1Q Net Beats Estimate, Targets Other Cost Cuts

The transcript discusses the economic challenges faced by Societe Generale, including oil prices and the impact of Brexit. It highlights the company's resilience and strategic plans for 2016, focusing on risk management in the oil and gas sector. The discussion covers return on equity targets, transformation initiatives, and cost-saving measures. The performance of international banking, particularly in Russia, is analyzed, along with the company's response to the Panama Papers and regulatory compliance.

What are the key elements of the regulatory framework that the speaker is waiting for clarity on?

How does the speaker view the future of banking services in relation to millennials?

What is the significance of the strong performance in international retail banking?

What is the speaker's stance on the Panama Papers situation?