SocGen Deputy CEO Cabannes on Trading Loss, Cost Reduction Plan

The transcript discusses the performance and rebound of equities, the impact of COVID-19 on loan losses and credit risk, and the record quarter for fixed income and investment banking at Societe Generale. It also covers adjustments in the trading business to reduce sensitivity to market dislocation, ECB's dividend policy, cost-cutting measures, and the impact of the crisis on the French economy and retail banking.

What measures are being taken to reduce costs in the trading business?

How has the French economy been affected by the crisis?

What was the significant activity in terms of loan production during the quarter?