Back to CBKN
Societe Generale Expands in U.S. Interest Rates and FX Derivatives for Corporates

NEW YORK, Aug. 13 /PRNewswire/ -- Consistent with Societe Generale Corporate & Investment Banking's global push to enhance its position with corporates in the area of interest rates and foreign exchange derivatives, the firm appoints Peter Toolan and Anna Faustini to further strengthen its coverage of U.S. corporates.

Peter Toolan joins as Managing Director and will drive the firm's U.S. and Canadian corporate derivatives marketing effort. He was previously with Barclays Capital where he covered a broad array of U.S. corporate clients for interest rate risk management. He brings strong client relationships across many industries, and deep product expertise. Prior to Barclays, Peter was in the Corporate Derivatives group at Merrill Lynch. Peter also spent five years with Ernst & Young LLP as a senior auditor.

Anna Faustini joins as Managing Director and Head of FX Corporate Sales for the U.S. and Canada. She will be responsible for strengthening the FX client relationships and marketing the firm's FX product suite to multinational corporations. Anna is an FX sales professional with extensive sell side experience across large and mid-sized corporations. She joins Societe Generale from Bank of America, where she was a Managing Director and Head of the Northeast Corporate FX sales desk. Prior to BofA she was with Citibank.

Peter and Anna will report to Arnaud Achour, Head of Capital Markets & Syndicate for the Americas, based in New York, and to the Global Co-Heads of Interest Rates & Forex Derivatives, Pascale Moreau and Albert Loo in Paris.

Societe Generale Corporate & Investment Banking's recent increase in global market share in the area of Corporate Foreign Exchange, which was noted in the 2009 Euromoney Global Foreign Exchange Poll (up 33%), reflects the firm's global initiative to provide the world's corporations with first class interest rate and foreign exchange derivatives structuring and execution.

Societe Generale

Societe Generale is one of the largest financial services groups in the euro-zone. The Group employs 163,000 people worldwide in three key businesses:

    --  Retail Banking & Financial Services: Societe Generale serves more
        than 30 million individual customers worldwide.
    --  Global Investment Management & Services: Societe Generale is one of
        the largest banks in the euro-zone in terms of assets under custody (EUR
        2 762 billion, March 2009) and under management (EUR 332 billion, March
        2009).

    --  Corporate & Investment Banking: Societe Generale tailors solutions
        for its clients across sectors by capitalising on its worldwide
        expertise in investment banking, global finance, and global markets.

Societe Generale is included in 3 socially-responsible investment indexes: FTSE4Good, ASPI and Ethibel.

www.societegenerale.com

Societe Generale Corporate & Investment Banking

At the core of Societe Generale's universal banking business model, the Corporate & Investment Bank is a well diversified and leading player with 12 000 professionals present in over 40 countries across Europe, the Americas and Asia-Pacific. Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalizing on its worldwide expertise in investment banking, global finance, and global markets.

    --  For Corporates, Financial Institutions and public sector: providing a
        global advisory approach (M&A, debt, equity transaction, capital
        structure, and asset & liability management), as well as quality
        capital raising solutions across the debt and equity spectrum, optimized
        financing and expert risk management responses notably in the realm of
        foreign exchange and rates derivatives.

    --  For investors: offering reliable and sound investment opportunities and
        risk management solutions through its integrated global markets platform
        delivering seamless access to markets (equity, rates, credit,
        currencies, commodities and derivatives), as well as advice and solid
        financial engineering, quality of execution and forward-looking research
        across asset classes.  www.sgcib.com

SOURCE Societe Generale

Copyright (2009) PR Newswire. All Rights Reserved.
Back to CBKN
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki