SocGen Not Far From ROE Objective, Says Oudea

The transcript discusses the challenges and strategies of maintaining a 10% target for Ferrari in 2016, focusing on return on equity and shareholder expectations. It also addresses the impact of negative interest rates in Europe on banks like Societe Generale, highlighting the difficulties in managing net interest margins and the strategies employed to mitigate these effects, such as developing new activities and expanding the client base in France.

What is the main challenge in maintaining the 10% target for Ferrari in 2016?

• Lower return on equity

• Higher interest rates

• Decreased shareholder expectations

• Increased capital base

What is the return on equity mentioned in the first section?

• 8%

• 11%

• 9%

• 10%

How do negative interest rates affect Societe Generale's net interest margin?

• They decrease the margin

• They make it difficult to manage

• They have no effect

• They increase the margin

What strategy is mentioned to counteract the effects of negative rates?

• Decreasing capital base

• Increasing deposit rates

• Developing new activities

• Reducing client base

Which region's activities are less affected by negative rates?

• North America

• Outside the eurozone

• Asia

• Eurozone