Société Générale's wealth management subsidiary, SG Private Banking, has announced the launch of a wealth planning and fiduciary services division.
The role of the new division is to help high net worth clients in the legal and fiscal structuring of their assets, as well as supporting the private bank’s relationship managers in their commercial efforts.
The division will operate from eight main centres, in the Bahamas, Geneva, Jersey, London, Luxembourg, Paris and Singapore. In all there will be 230 specialists working from 12 locations worldwide. The global division is headed by London-based Olivier Gougeon.
SG says the creation of the new centre of expertise emphasises its ambition to strengthen and grow its wealth planning and fiduciary services on a global basis, constituting a key component of its client offering.
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