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 Céline Pastor, 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

Our Q2 2021 Outlook - Inflating Expectations

Discover our Investment Strategy team's latest Quarterly House Views.

Our Q4 2020 Outlook in 5 minutes

Macro
With infection rates still stubbornly high across the EU, vaccine shortages hampering inoculation programmes and lockdowns being extended, it is looking increasingly likely that the euro zone may not exit recession until Q3. However, global business confidence strengthened in March and fiscal and monetary policies remain powerful supports – we continue to expect a synchronised global upturn in H2. China has completed its recovery from the pandemic crisis and authorities have signalled that less policy support is now required. Moreover, with President Biden now advocating at $3 trillion infrastructure investment plan (taking fiscal spending since December to 27.8% of GDP), overheating will remain a concern for economists.

Central 
Banks Recent central bank meetings have confirmed that policy will remain very easy. Despite upgrades to this year’s growth and inflation projections, the Federal Reserve (Fed) still sees no need to raise rates before end-2023. And the European Central Bank (ECB) has reacted swiftly to some modest tightening in financial conditions by announcing a “significantly higher” pace in asset purchases over Q2. Economists expect a spike in inflation measures this spring as the enormous rise in raw material prices over the past year feeds into the data but central bankers remain unperturbed, judging that this will be a transitory phenomenon.

Markets 
The macro environment of rising inflation expectations fuelled by fiscal spending has pushed sovereign yields sharply higher since last summer, particularly in USD and GBP, and further upside is possible. Corporate bond spreads (the difference in yields with sovereigns) remain tight, offering little value for investors. In the near term, recent dollar strength might persist given widening growth and yield differentials vs the euro zone but, longer-term, fundamentals should weigh on the greenback. Global equity markets remain close to mid-February’s all-time highs but there has been a shift away from highly-valued growth stocks towards cheaper, more cyclicallysensitive sectors and regions.

Bottom line
Equity markets have risen steadily since end-December and valuations now face a challenge from rising yields – we have scaled back exposure but remain Overweight. Within regions, we have locked in some profits on emerging markets and upgraded our view on the UK. We also continue to highlight the attractions of “Value” stocks and sectors (which rank as cheap on ratios such as price-to-bookvalue, dividend yield and price-to-earnings). No changes to our negative view on advanced-economy sovereign bonds and we also remain Underweight on credit (corporate bonds). We continue to expect the euro to regain ground against the dollar as cyclical recovery takes hold in H2.

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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 statistics and figures in this report were taken from Bloomberg and Datastream on 26/03/2021

Head of Investment Strategy Societe Generale Private Banking