SocGen Cuts About 25 Investment Bank Jobs in Frankfurt Overhaul

Bloomberg Quint | Aug 23, 2019 at 6:12 PM
  • Societe Generale SA is cutting about 25 investment banking jobs in Frankfurt as part of a companywide redundancy program.
  • SocGen employs about 350 investment bankers in Germany’s financial capital and is currently integrating about the same number of employees from the acquisition of Commerzbank AG’s EMC market business.
  • Riley is the husband of Christiana Riley, a Deutsche Bank investment banker who recently was appointed head of the lender’s U.S. operations.