Societe Generale Luxembourg

Societe Generale Luxembourg General Information

Description

Société Générale is a major European financial services firm headquartered in Luxembourg City, Luxembourg. The firm is made up of three main parts: Retail Banking & Specialized Financial Services, Corporate & Investment Banking, and Global Investment Management & Services. The firm' s expertise is in cash management, funding, investment, private equity, and financial engineering, cash management services, issuer services, clearing services, fund administration, and asset servicing services. Societe Generale Bank & Trust, a wholly-owned subsidiary of Societe Generale was founded in 1893. The services and tools the firm provides allow for making/receiving payments, data output from financial statements and banking transactions along with cash optimization. The firm's private equity service includes the opening of accounts on very short notice, founded on well-established compliance procedures, centralized cash flow management during the closing of acquisitions, provision of tools for cash management (payment systems, cash pooling) holding vehicles, based in Luxembourg and risk-hedging transactions.