Category: SGSS

Société Générale has announced major changes at the senior management level. David Abitbol, who has led SGSS since 2019, is appointed head of global transaction & payment services, effective July 1, 2023, replacing Alexandre Maymat, who becomes head of group inspection & audit. Arnaud Jacquemin is appointed head of securities services, replacing David Abitbol. His…

Société Générale Securities Services (SGSS) has appointed Valeria Dal Corso as CEO and country head of its Italy business. She replaces Roberto Pecora, who was recently appointed CEO of Euronext Clearing. Dal Corso has been with SGSS for more than 17 years, and is currently deputy general manager.

The new CEO of Société Générale, Slawomir Krupa, has appointed a new ExCo, which is comprised of 13 senior managers. Of these, seven are women. Compare this with, say, State Street, which has adopted a high profile over its commitment to the DE&I agenda. Its 11-member ExCo is comprised of nine men and just two…

The European Investment Bank (EIB) has launched Project Venus, its second euro-denominated digitally native bond issue and the first using private blockchain technology. The EUR100m two-year bond was issued, recorded and settled using private blockchain-based technology, and represents the inaugural issuance on Goldman Sachs’ tokenisation platform – GS DAP. Banque de France and the Banque…

SGSS has been chosen by Yomoni, a France-based investment management company, for its I-DEAL execution and trading solution, a fully outsourced trading desk that covers the entire value chain for all asset classes and markets. Founded in 2015 and regulated by the AMF, Yomoni offers online savings management for individuals, with EUR687m (USD660m) AuM. Alexis…

Société Générale Securities Services has expanded its range of services for asset management companies wishing to develop professional funds based on crypto currencies. SGSS now offers fund custody, valuation and liability management services. SGSS’s new service has been adopted by Arquant Capital SAS. Arquant, licensed by AMF, is launching a range of specialised professional funds…

Société Générale Securities Services has been mandated by Amundi Ireland as securities services provider for two ICAVs. SGSS Ireland will provide a full suite of asset servicing solutions in its capacity as depositary, fund administrator and transfer agent for the two ICAVs: Amundi Funds Solutions ICAV is used to manage in-house funds that are dedicated…