Structured Products Asia Awards 2016
Societe Generale has received 4 awards at the Structured Products Asia Awards 2016:
- Interest rates house of the year
- Commodities house of the year
- Japan house of the year
- Taiwan house of the year
Risk.net has published the following articles:
Interest rates house of the year: Societe Generale Corporate and Investment Banking
Multi-asset capabilities and risk recycling allow the bank to bring hit solutions to the market
When clients talk about Societe Generale Corporate and Investment Banking (SG CIB), even the most critical among them agree the bank is talented at bringing new fixed-income structured product ideas to the market.
In the past 12 months, SG CIB introduced some of the most popular trades of the year, giving clients in Asia exposure to US rates, while continuing to dominate Taiwan's Formosa bond market by adapting to rapidly changing regulations to bring the product to retail investors. The bank also showed how product innovation translates into balance sheet efficiency by offering clients a high-return but regulation-efficient deposit product.
Read the article here
Commodities house of the year: Societe Generale Corporate and Investment Banking
French bank focuses on client solutions as rivals pull back
The theme for Societe Generale Corporate and Investment Banking (SG CIB)'s commodities team is consistency, which explains why the bank wins this award for the third year in a row after continuing to provide innovative solutions for clients through changing market dynamics and retrenchment by other houses.
Standout trades this year revolve around bringing value to clients, including carving out significant added premium in physical contracts by monetising options, and finding an efficient way to navigate restrictive counterparty concentration regulations in Japan.
Read the article here
Japan house of the year: Societe Generale Corporate and Investment Banking
Innovative reinsurance products helped solve insurers’ fixed indexed annuity hedging needs
With record low interest rates in Japan continuing to dampen insurance companies' desire to launch variable annuity products in recent years, foreign currency fixed indexed annuities (FIAs) have taken centre stage.
However, these products create basis risks that attract capital charges for insurers. Enter Societe Generale Corporate and Investment Banking (SG CIB), which stepped in to create the first reinsurance product for insurers' FIAs, which reduced their capital charges and allowed insurers to continue writing the popular products.
Read the article here
Taiwan house of the year: Societe Generale Corporate and Investment Banking
Bank proved capacity to handle long-term relationships with clients, partners and regulators can pay dividends
Societe Generale Corporate and Investment Banking's (SG CIB) success in Taiwan has been a result of the bank's commitment to being on the ground in the country. The bank acquired a financial advisory licence in 2015 and began a localisation process with the sales force from the beginning of that year.
"We benefited from localisation as it makes the marketing more efficient by knowing our clients better," says William Huang, head of Greater China sales, global markets at Societe Generale Corporate and Investment Banking in Hong Kong.
Read the article here