Awards for Excellence 2012: Best Structured Products House
Investors and financial institutions are demanding more innovative and tailored structured products. SG CIB is the stand-out provider.
Best Structured Products House: Société Générale CIB
Also nominated: HSBC and Citi
The past 12 months have been challenging for structured products, with two market downturns divided by an equity and credit rally, against a backdrop of very low interest rates. Some banks chose to pull back under pressure from capital charges and the increased cost of having to offer tailored solutions rather than off-the-shelf products, yet Société Générale Corporate & Investment Banking deepened its commitment.
Over the year, the firm assisted retail and institutional clients across the globe manage the volatile equity markets, while expanding its products within foreign exchange, rates and credit.
There are few structured products houses that can claim a top-three place on every continent. SG CIB, however, expanded in every region.
One would have expected SG CIB to have been pulling back in the US, for example, because of the dollar funding required. However, the firm has continued to commit itself to and expand its products, distribution and footprint, earning itself again the title of best global structured products house.