Societe Generale Deputy CEO on Earnings, Regulations

The transcript discusses Societe Generale's exposure to the eurozone and the impact of low interest rates on their business. It highlights political risks, such as potential changes in the eurozone, and the bank's contingency plans. The conversation also covers regulatory challenges, including the Basel framework and the implications of deregulation, emphasizing the need for a balanced approach to regulation to support economic growth.

What factors are contributing to the decrease in NBI for Societe Generale?

What is the significance of the ECB's policy on interest rates for the eurozone?

How does the political environment in Europe affect the banking sector?

How might the outcome of elections in Europe impact the banking industry?

What contingency plans does Societe Generale have in case of political instability?