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Investment bank boss Slawomir Krupa bids to create 'undisputed leader across the equity business' with new joint venture

Investment Banking Editor

French bank Societe Generale has signed a joint venture with US investor AllianceBernstein to bolster its equity research, trading and capital markets unit.

The two groups have launched a joint venture that will combine their equity research and cash equities trading unit, according to a statement, which will also boost SocGen's equity capital markets and prime services divisions.

SocGen and AllianceBernstein agree equities tie-up

Paul Clarke

bank Societe Generale

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