Societe Generale

Director of football: Daniel Bouton
Age: 56
Appointed: 1993
Value added: 17.3% pa (10th)
Chop rating: 2/5

Bouton has overseen a transformation in the bank. Now head coach and future successor Mustier is looking to make SG a broader capital markets business to be reckoned with

Head coach: Jean-Pierre Mustier (46, 2003)

Star players: Christophe Mianné, who as global head of equity derivatives runs SG’s biggest investment banking earning stream

Rising star: Olivier Khayat, co-head of the new capital raising and financing division. Perhaps the only senior manager not to have come through SG’s equity derivatives academy, he is a debt market specialist

Weakest link: The narrow geographical reach is one thing but the appearance that the firm continues to focus on market share rather than on profitability is damaging. As is the belief that it is too French. Can the bank’s managers deliver the next stage of development?

Key transfers 2006:

IN: Michael Payan (global head of M&A, from Hawkpoint Partners); Michael Finkelman (head of US leveraged finance, from BNP Paribas)

OUT: Roger Bredder (head of project finance, to Wachovia); Farouk Ramzan (corporate bond origination desk, to Lloyds TSB)

2006 capital markets performance (▼/▲ 2005)

Overall fees: $411mln (+39.8%) 16th (no move)
DCM: $244.8mln (+60.6%) 16th (no move)
ECM: $67.2mln (+11.4%) 14th (no move)
M&A: $99mln (+22%) 14th (no move)
FX market share: 0.61% (-0.19%) 15th (no move)

Rankings 2006:

Return on equity: 26.4% (2nd)
Growth of earnings: 22.6% (12th)
Market cap: $78.2bln (12th)

Champions League position 2006: 15th
If SG were a Champions League team it would be: Lyon. Société Générale is admired by many competitors, and has a position of domestic strength; the challenge now is to make this count in the toughest competition of all, without losing the principles that are its traditional strength