European Banks Restructure FX Groups
NEWS
PARIS/FRANKFURT -- SG, the investment-banking arm of Société Générale Group, is merging its treasury and fixed-income businesses into a single Debt Finance division, it said in a February 6 release.
The Debt Finance division will combine currency hedging and treasury operations with fixed-income, syndicated loans, structured credits and securitisations.
The restructuring will help SG tailor different asset classes into client-specific financial products, according to the bank.
Paris-based Benoit
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