They have restated their aim to be top 10 in Europe by 2015.... they are already fairly high in the latest league tables. They spent some money....
....Opinions?
....Would you go there?
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I've seen their advertising campaign on the streets here in NY
I wouldn't go there if you had other options. If it's your only option, then go and keep looking for something better.
That's a fairly retarded statement. Yes don't go there if your options are Goldman and Blackstone, but if your only option is IT in India go there...really? Didn't know that.
It's a good place, better than UBS, RBS, Wells Fargo and every MM/Boutique that isn't elite, worst then GS/MS/JPM/Evercore, etc.
Seriously? Can anyone substantiate that because that seems like a pretty biased and outlandish statement.
I just wanted to remind you that your statement was in fact retarded.
Echo blue baller
Ok, I probably pushed this thread the wrong way... any comment on what their chances of success are in pursuing this strategy?
Well they are a huge bank and very reputable and with a shit-ton of available financing to provide in any type of transaction, my guess is pretty high. M&A just isn't as profitable as trading or structured financing thats why the french banks don' focus on it as much.
I dont know in the US, but they have been doing very well in Europe. I would say they make it, they have the resources and the people, plus a great name in equity derivatives and structured finance to leverage on, if BNP doesnt buy it before 2015.
Better as in it isn't falling apart like RBS and isn't owned by the govt like RBS, and has better culture and growth opportunities than a lot of other banks because it is stable. With so many banks having constant layoffs, stability is very valuable. (I do not work at SocGen nor have I ever interviewed there.)
First off, good spelling Lak08er34.
The thread assumes that Soc Gen can survive a Greek default.
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