Société Générale: Market still needs convincing

Can Frédéric Oudéa persuade investors to be as positive about SocGen as he is?

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When Société Générale’s chief executive, Frédéric Oudea, spoke to Euromoney in early 2017, he rejoiced at how the European economy and regulation had turned “an inflection point”. 

Almost a year later, speaking again to Euromoney, Oudéa says the environment has since “moved in an even better direction” – with upwards revisions to eurozone economic growth, the first signs of the ECB reducing bond purchases, an agreement on Basel III and the prospect of a more complete banking union.

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