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SocGen Considering Options for $167 Billion Asset Manager Lyxor

  • French bank considering unit sale, merger amid competition
  • SocGen hasn’t made a final decision on Lyxor, may retain unit
The headquarters of Societe Generale SA stands in La Defense business district in Paris.

The headquarters of Societe Generale SA stands in La Defense business district in Paris.

Photographer: Jason Alden/Bloomberg

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Societe Generale SA is considering options for its Lyxor asset-management business overseeing about 151 billion euros ($167 billion) as the company accelerates asset disposals, according to people familiar with the matter.