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ACTIVITY_REPORT_20132014_UK

Global Banking and Investor Solutions In 2013, Corporate and Investment Banking revenue grew 14%. Of particular note is the dynamic sales performance of the Equities lines and the positive results in structured financing, driven by export, infrastructure and natural resource financing. In Asset Management, Lyxor's assets under management grew by €5 billion. Private Banking revenue increased 19% on strong sales in France and Luxembourg and a dynamic recovery in Asia; SG Private Banking also began doing business in Morocco. Securities Services increased their assets under custody by 2.8% and assets under administration by 10.8%. Brokerage kept its market share stable at 12%. In 2014, we are continuing to develop our relationships with our largest clients and will increase synergies between our different business lines. We will make ambitious investments to expand the range of services we offer to private and institutional investors. In this way we will strengthen the growth dynamic seen in 2013. ■ 10 I SOCIETE GENERALE 2013-2014 ince 2013, the new Global Banking and Investor Solutions core business has been the global umbrella for Corporate and Investment Banking (Societe Generale Corporate & Investment Banking), Asset Management (Lyxor, Amundi), Private Banking (Societe Generale Private Banking), the Securities Services (Societe Generale Securities Services) and Brokerage (Newedge). 18,000 employees €8.71 billion of net banking income in 2013 S 36 countries


ACTIVITY_REPORT_20132014_UK
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