Societe Generale is disbanding the cross-asset solutions team it created in 2009 and is instead broadening its existing fixed income and currencies and equities businesses to include structured as well as flow products.

The French bank outlined the move, which will take effect on May 18, amid a raft of new or broader roles for several staff in the global markets division on Wednesday. The bank said in a statement the changes are aimed at reinforcing its ability to offer a "full range of multi-asset and advisory services, while adapting to the new regulatory environment".