Browsing Tag
Slawomir Krupa
3 posts
Why Société Générale is cutting costs again after record €3.5bn first-half profit
Société Générale is preparing further workforce reductions through natural attrition and greater use of artificial intelligence as CEO Slawomir Krupa targets a cost base below €16.3 billion, a sub-55% cost-to-income ratio and substantially higher profitability by 2029.
TotalEnergies (EPA: TTE) heads into May 29 AGM with Iran war tailwind and Mozambique LNG back in play
Brent is above $100 and Hormuz is shut. TotalEnergies enters its May 29 AGM with record cash flow, a hiked dividend, and Mozambique LNG restarting at the worst possible moment for global gas.
Societe Generale, Alliancebernstein to create cash equities and equity research JV
Societe Generale, a French financial services major, and AllianceBernstein, an investment management and research firm, are planning to…