Top Societe Generale Competitors & Similar Companies
Societe Generale is a French multinational banking service which also craters to the financial services. Societe Generale has its head quarter in Paris. This is one of the oldest bank in France and was set up during the year 1864.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Below we look at the top 5 competitors of Societe Generale.
1. BNP Paribas:
BNP Paribas is one of the oldest banks in the world found in the year 1860. This French multinational bank is also one of the largest banks in the world in terms of its total assets. With its presence in more than 70 countries BNP Paribas employs more than 150,000 employees globally.
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2. Bank of America:
Bank of America is a banking institution and financial services provider around the globe. It was set up as Bank of Italy in 1904 by Amadeu Gianni. It has grown multifold over the las hundred and twelve years to become one of the leading banks in the United States.
3. Deutsche Bank:
Deutsche Bank was established on 22 January,1870 by Adelbert Delbruck though it got banking licence on 10 March,1870. In 2000, Deutsche Bank was the largest foreign exchange dealer in the world. The main objective of the Deutsche Bank was to promote and facilitate trade relations between Germany and other European nations. It was also a part of STOXX Europe 50 stock market index.
4. Citibank:
Citigroup Inc or Citi was founded in the year 1812 by merging two big giants Citicorp and Travelers group and is headquartered in Manhattan, New York city. Citibank mainly deals with investment banking and financial services. Citibank have one of the largest financial services network ranging over 160 countries with around 17,000 office worldwide and over 200 million accounts in 160 countries.
5. HSBC:
HSBC is a multinational firm which works in the banking sector. HSBC is of British origin and was setup in its present form in the year 1991. The Hongkong and Shanghai Banking Corporation has its main functioning area in Hongkong and a little less work in the Shanghai.
To conclude, the above article highlights the various competitors which compete with Societe Generale. This understanding helps to evaluate the various external business factors for any company.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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