“Meet Slawomir Krupa, Société Générale’s New CEO: An Experienced Finance Expert Ready to Take on the Challenges Ahead”

2023-05-21 21:58:15 “Over the twenty-six years spent at Société Générale, I have acquired solid experience and the necessary skills to be one of those who could claim the position of Chief Executive Officer”recognizes Slawomir Krupa. JOEL SAGET/AFP NARRATIVE – He will succeed Frédéric Oudéa as head of the bank on Tuesday. This financial market expert … Read more

Slawomir Krupa, new boss of Société Générale

Slawomir Krupa Credit Societe Generale INFO THE FIGARO – The bank’s board of directors meets on Friday. Slawomir Krupa is the big favorite to succeed Frédéric Oudéa. The board of directors of Société Générale, chaired by Lorenzo Bini Smaghi, meets this Friday to choose its future managing director. According to concordant sources, the big favorite … Read more

Clouds are gathering over French banks

DECRYPTION – Their activities held up well in the first quarter, but they will be affected by the economic slowdown. So far so good. Despite the war in ukraine, the stagnation of growth and the rebound of inflation, the commercial activity of the three major French banks which published their results this week remained buoyant … Read more

costly retirement from Russia for Société Générale

costly retirement from Russia for Société Générale

STORY – The group sells its Rosbank subsidiary for a handful of rubles, which it had acquired for 4 billion euros. The buyer is the Russian ex-owner. The pressure was too much. Six weeks after the start of the invasion of Ukraine by Putin’s army, Société Générale announced its withdrawal from Russia. “After several weeks … Read more

Deutsche Bank quantifies its Russia risks for the first time

Deutsche Bank quantifies its Russia risks for the first time

A day before CEO Christian Sewing presents his new strategy, the money house is now trying to calm investors. “Our direct risk positions are currently very limited and are strictly managed,” said risk director Stuart Lewis in a statement on Wednesday evening. “We are closely monitoring and evaluating the second and third round effects arising … Read more

Big banks attack manufacturers’ business

Big banks attack manufacturers’ business

Volkswagen Financial Services In Braunchsweig, people have so far been relaxed about the growing competition (Photo: Press photo) Frankfurt December 2021: The car group Stellantis, which emerged from the merger of Fiat Chrysler and PSA, announces that it will found a leasing provider together with the French bank Crédit Agricole. The goal: a fleet of … Read more