Contact

Are you a client? You should contact your private banker. 
You are not a client but would like to have more information about Societe Generale Private Banking? Please fill in the form below.

Local contacts

France : +33 (0) 1 42 14 20 00 (9am - 5pm)
Luxembourg : +352 47 93 11 1 (8:30am - 6pm)
Monaco : +377 97 97 58 00 (9/12am - 2/5pm)
Switzerland : Geneva +41 22 819 02 02
& Zurich +41 44 218 56 11 (8:30am - 5:30pm)

You would like to contact about the protection of your personal data?

Please contact the Data Protection Officer of Societe Generale Private Banking France by sending an email to the following address : protectiondesdonnees@societegenerale.fr.

Please contact Bieneke Russon, the Data Protection Officer of Societe Generale Bank & Trust Luxembourg by phone : +352-47.93.93.11.5046 or by sending an email to the following address : lux.dpooffice@socgen.com.

Please contact Julien Garnier, the Data Protection Officer of Societe Generale Private Banking Monaco by sending an email to the following address : list.mon-privmonaco-dpo@socgen.com

Please contact Omar Otmani, the Data Protection Officer of Societe Generale Private Banking Switzerland by sending an email to the following address : sgpb-gdpr.ch@socgen.com.

You need to make a claim?

 Any claim addressed to Societe Generale Private Banking France should be sent by e-mail to the following address : FR-SGPB-Relations-Clients@socgen.com or by mail to : 

Société Générale Private Banking France
Direction Commerciale
29 boulevard Haussmann CS 614
75421 Paris Cedex 9

The Bank will acknowledge your request within 10 days after receipt and provide a response to your claim within 60 days of receipt. If your request requires additional processing time (e.g. if it involves complex researches…), the Bank will inform you by mail. 

In the event that the response you receive does not meet your expectations, we suggest to contact : 

 

The Societe Generale Group’s Ombudsman

The Societe Generale Group’s Ombudsman can be contacted by the following website : mediateur.societegenerale.fr  or by mail :

Le Médiateur auprès de Société Générale
17 Cours Valmy 
92987 PARIS LA DEFENSE CEDEX 7
France

In reviewing any matter, the Ombudsman undertakes the consideration of both the client’s and the bank’s point of view, evaluates arguments from each of the parties and makes a decision in all fairness.

The Group’s Ombudsman will respond to you directly within two months of receipt of the written submissions of the parties relating to the claim.

 

The Ombudsman of the AMF

The Ombudsman of the Autorité des Marchés Financiers (AMF) can be contacted at the following address :

Médiateur de l'AMF, Autorité des Marchés Financier
17 place de la Bourse
75082 PARIS CEDEX 02
FRANCE


The Insurance Ombudsman

Please contact the Insurance Ombudsman : contact details must be mentioned in your insurance contract.

To ensure that your requests are handled effectively, any claim addressed to Societe Generale Bank & Trust should be sent to:

Private banking Claims department
11, Avenue Emile Reuter
L-2420 Luxembourg

The Bank will acknowledge your request within 10 days and provide a response to your claim within 30 days of receipt. If your request requires additional processing time (e.g. if it involves complex research), the Bank will inform you of this situation within the same 30-day timeframe.

In the event that the response you receive does not meet your expectations, we suggest the following :

Initially, you may wish to contact the SGBT Division responsible for handling claims, at the following address:

Corporate Secretariat of Societe Generale Bank & Trust
11, Avenue Emile Reuter
L-2420 Luxembourg

If the response from the Division responsible for claims does not resolve the claim, you may wish to contact Societe Generale Bank & Trust's supervisory authority, the Commission de Surveillance du Secteur Financier (Financial Sector Supervisory Commission) :

By mail: 283, Route d’Arlon L-1150 Luxembourg
By e-mail:direction@cssf.lu

 Any claim addressed to Societe Generale Private Banking Monaco should be sent by e-mail to the following address: servicequalite.privmonaco@socgen.com or by mail to our dedicated department : 

Societe Generale Private Banking Monaco
Middle Office – Service Réclamation 
11 avenue de Grande Bretagne
98000 Monaco

The Bank will acknowledge your request within 2 days after receipt and provide a response to your claim within 10 days of receipt. If your request requires additional processing time (e.g. if it involves complex researches…), the Bank will inform you of this situation within the same 30-day timeframe. 

In the event that the response you receive does not meet your expectations, we suggest to contact the Societe Generale Private Banking Direction that handles the claims by mail at the following address : 

Secrétariat Général de Societe Generale Private Banking Monaco 
11 avenue de Grande Bretagne 
98000 Monaco

Any claim addressed to the Bank can be sent by email to: sgpb-reclamations.ch@socgen.com
Clients may also contact the Swiss Banking Ombudsman : www.bankingombudsman.ch

House Views - June 2021 - Expecting Near-Term Inflation

Discover the monthly economic perspectives of our Investment Strategy team.

Macro
Vaccination programmes have accelerated across Europe since early April and governments have begun to follow the US and UK in easing lockdown restrictions in stages. The policy mix remains very supportive – we see no rate hikes on the horizon, asset purchases continue to supply ample liquidity and fiscal spending remains extremely generous. Our US macro cycle indicator is in recovery mode – which tends to provide a supportive backdrop to risky assets – and we expect a synchronised cyclical pickup in growth across advanced economies in the second half (H2). China has completed its recovery from the pandemic crisis after a period of double-digit growth in industrial production and retail sales, and the authorities have begun to scale back fiscal and monetary supports.

Central Banks
Inflation measures and expectations fell rapidly as the pandemic began to unfold last winter, given the high levels of uncertainty surrounding the impact of global lockdowns. One year later, the outlook is transformed – as we look forward to one of the quickest recoveries on record, inflation expectations have shifted markedly higher, driven by higher commodity prices and wages, rapid money-supply growth and skyrocketing fiscal spending. Nonetheless, we expect central banks to keep policy rather loose. They are convinced that the overshoot to their 2% inflation targets will prove temporary and there is still a long way to go before we reach full employment. Moreover, sizeable asset purchase programmes will be required to help finance the sovereign debt issuance required by fiscal spending plans.

Markets
The macro backdrop of cyclical recovery and surging inflation expectations paints a challenging backdrop for fixed income markets and we expect sovereign yields to continue to move higher. The difference in yields between corporate bonds and sovereigns (known as the “spread”) remains close to historical lows, offering little protection against rising yields. After a rapid rally since late March, we expect the euro to trade sideways against the US dollar for now. Our preferred asset class remains equities although global indices did recently reach all-time highs – valuations are rather pricy at present but earnings should grow strongly both this year and next, sentiment is rather buoyant but not at extremes, while upward momentum remains robust.

Bottom line
Fixed income markets should be kept Underweight in portfolios, in particular advanced economy sovereign bonds, although the yields available on emerging bonds – notably in China – remain attractive. We remain Overweight equity markets but have made some adjustments in regional allocations in order to favour more cyclically sensitive markets, such as the euro zone and the UK, over the US and emerging markets. This move also enhances exposure to the “Value” factor – stocks which rank as cheap on ratios such as price-to-book-value, dividend yield and price-to-earnings – while scaling back weightings in fast-expanding “Growth” sectors in portfolios. Gold has begun to recover from the recent sell-off and will be supported by falling real yields as rises in near-term inflation outstrip those in Treasury yields – we have moved back Overweight.

In accordance with the applicable regulation, we inform the reader that this material is qualified as a marketing document. CA25/H1/21
Unless otherwise specified, all figures in this report were taken from the following sources on 21/05/2021: Bloomberg and Datastream.

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Head of Investment Strategy Societe Generale Private Banking