French bank Societe Generale is cutting about 100 jobs in its corporate and investment banking division in Asia, a person familiar with the situation said on Friday, as it scales back in capital-intensive areas in the region.

The Asian cuts, which began late last year, are part of almost 1,600 staff cuts globally, or 13% of the global head count, and are mainly in aircraft financing, shipping, real estate and leveraged finance, the person said.