Societe Generale To Donate $200,000 To Hurricane Sandy Relief Effort
Societe Generale To Donate $200,000 To Hurricane Sandy Relief Effort
PR Newswire
NEW YORK, Nov. 2, 2012
NEW YORK, Nov. 2, 2012 /PRNewswire/ -- Societe Generale announces it will
donate $200,000 divided equally between the American Red Cross and The Mayor's
Fund to Advance New York City to support these organizations as they provide
essential relief to the communities that have sustained crippling damage from
Hurricane Sandy.
Societe Generale also announces it will match dollar for dollar employee
donations designated to Hurricane Sandy relief efforts.
"Our thoughts are with all those who have been devastated by Hurricane Sandy,"
said Craig Overlander, CEO for Societe Generale in the Americas. "In the
aftermath of this tragedy and as part of the local community, we feel it is
our privilege and duty to support, along with our employees, the work the Red
Cross and The Mayor's Fund are doing to help those people and communities most
affected by this disaster."
Frederic Oudea, Chairman and CEO of Societe Generale Group, added, "Foreseeing
the difficult challenges ahead, we recognize the critical role these important
relief organizations will play in returning the impacted areas and its
inhabitants to normalcy. Our hearts and prayers are with those that are
suffering as a result of this tragedy."
Societe Generale
Societe Generale is one of the largest European financial services groups.
Based on a diversified universal banking model, the Group combines financial
solidity with a strategy of sustainable growth, and aims to be the reference
for relationship banking, recognised on its markets, close to clients, chosen
for the quality and commitment of its teams.
Its 160,000 employees based in 77 countries accompany more than 33 million
clients throughout the world on a daily basis. Societe Generale' teams offer
advice and services to individual, corporate and institutional customers in
three core businesses:
o Retail banking in France with the Societe Generale branch network, Credit
du Nord and Boursorama
o International retail banking, with a presence in Central and Eastern
Europe and Russia, in the Mediterranean basin, in Sub-Saharan Africa, in
Asia and in the French Overseas Territories
o Corporate and investment banking with a global expertise in investment
banking, financing and global markets.
Societe Generale is also a significant player in specialised financing and
insurance, private banking, asset management and securities services.
Societe Generale is included in the socially-responsible investment indices:
FTSE4Good and ASPI.
For more information, you can follow us on twitter @SocieteGenerale or visit
our website www.societegenerale.com.
Societe Generale Corporate & Investment Banking
At the core of Societe Generale's universal banking business model, the
Corporate & Investment Bank is a well-diversified and leading player with
nearly 12,000 professionals present in 33 countries across Europe, the
Americas and Asia-Pacific.
Standing by its clients across sectors, the Corporate & Investment Bank
tailors solutions for them by capitalising on its worldwide expertise in
investment banking, global finance, and global markets.
o For Corporates, Financial Institutions and public sector: providing a
global advisory approach (M&A, debt, equity transaction, capital
structure, and asset & liability management), as well as quality capital
raising solutions across the debt and equity spectrum, optimised financing
and expert risk management responses notably in the realm of foreign
exchange and rates derivatives.
o For investors: offering reliable and sound investment opportunities and
risk management solutions through its integrated global markets platform
delivering seamless access to markets (equity, rates, credit, currencies,
commodities and derivatives), as well as advice and solid financial
engineering, quality of execution and forward looking research across
asset classes.
www.sgcib.com
SOURCE Societe Generale
Website: http://www.societegenerale.com
Contact: Jim Galvin, +1-212-278-7131, Jim.galvin@sgcib.com; or Laetitia
Maurel, +33(0)1-42-13-88-68, Laetitia.a.maurel@socgen.com
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