The Swiss subsidiary of Société Générale has promoted two people to its executive committee, underlining its wealth management ambitions in the country.
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Société Générale has a target of reaching at least 30percent women in management positions by 2023. Its private banking business in Switzerland and Europe are making good on that promise with two new appointments.
Large Swiss private banks have significant competitive advantages thanks to economies of scale. Business is also good in the middle. At the other end of the spectrum, things are getting tight.
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