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Société Générale Société Anonyme (SCGLY) Analyst/Investor Day - Slideshow (OTCMKTS:SCGLY) 2026-09-21

Summary by Seeking Alpha
2026-09-21. The following slide deck was published by Société Générale Société anonyme in conjunction with this event.

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Forbes EspañaForbes España
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diarioestrategia.cldiarioestrategia.cl

The French bank Société Générale presented on Monday its road map for 2029 with which the entity plans to increase profitability on tangible assets (RoTE) between 13% and 14%, as well as to reduce its expenses up to 2%, including the departure of part of its employees. Thus, the bank estimates [...] The entry Société Générale aims to raise its profitability to 14% and reduce its costs, with staffing cuts appearing first in Forbes Spain.

French major bank Société Générale expects that increased use of AI can reduce the bank's costs by 500-600 million euros, equivalent to 5.6-6.8 billion SEK, in the future.

In addition, he noted that he expects to benefit from a strategic partnership with the US company Anthropic that includes a “repeated development” of the Claude model.

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BizToc broke the news on Monday, September 21, 2026.
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