Roger Horn Hired to Head Credit Sector Research for the Americas at Societe Generale Corporate & Investment Banking

NEW YORK, July 25, 2011 /PRNewswire/ -- Societe Generale Corporate & Investment Banking announces it hired Roger Horn as a Managing Director and Head of Credit Sector Research for the Americas.  Mr. Horn's responsibilities will entail research covering U.S. high grade corporate bonds with a mandate to strengthen the firm's coverage in four key sectors:  Energy & Utilities, Finance, Telecom and Industrials.  He will also extend the firm's research coverage into high yield bonds and eventually Latin American corporate bonds to support the continued growth of the fixed income sales and trading business in the region.

Mr. Horn has over 19 years of corporate credit research experience, most recently as Head of Credit Research for Assured Guaranty.  His wide-ranging experience in credit research includes having assessed credits in both advanced and emerging economies and across multiple sectors.

This key appointment comes following the build-up over the last year of Societe Generale Corporate & Investment Banking's U.S. fixed income platform which included creating a U.S. dollar High Grade Credit capability, expanding its U.S. foreign exchange and rates businesses and being accepted as a Primary Dealer by the Federal Reserve Bank of New York in February of 2011.

Mr. Horn will report to Stephen Gallagher, Head of Research for the Americas.  He will be based in New York.

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 157,000 employees* based in 85 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:

• Retail banking in France with the Societe Generale branch network, Credit du Nord and Boursorama
• 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
• 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 international socially-responsible investment indices: FTSE4good and ASPI. www.societegenerale.com

* including employees of Societe Marseillaise de Credit acquired in September 2010 by Credit du Nord

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.

• 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.
• 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 forwardlooking research across asset classes.

www.sgcib.com

SOURCE Societe Generale