Societe Generale Private Banking Japan

In 1973, Societe Generale was one of the first European banks to open a branch in Tokyo. Today, Societe Generale Group has 600 employees in Japan working in three key businesses: Corporate and Investment Banking, Asset Management and Private Banking. Launched in June 2002 through the acquisition of the Chase Trust Bank (Japan), Societe Generale Private Banking Japan, is the only foreign trust bank offering a comprehensive range of private banking services to Japanese high net worth clients under a single roof. Furthermore, it was nominated Best Private Bank in Japan by Euromoney in 2009.

Japan - the world’s second largest economy

Japan is the world’s second-largest economy and enjoys the world’s second highest per capita income. The domestic wealth management market accounts for over 10% of the world market in private banking, a market estimated three times larger than the whole of the Asian market.

With high cultural and business diversity, Tokyo is a unique expression of Japanese modernity. 51% of Japanese corporations with a capital over 1 billion JPY have their headquarters in Tokyo, and over 31% of the Gross National Product is produced in the Tokyo metropolitan area.

Tokyo is also the center of Japan’s financial market, and with a market capitalization of JPY 305 trillion (2002), the Tokyo Stock exchange (TSE) ranks among the three largest capital markets in the world.

Underpinned by Societe Generale Group's global expertise and reach in the development of financial products and asset management, Societe Generale Private Banking Japan provides a comprehensive range of financial products and services under an integrated Estate management strategy :
banking services such as deposits, loans and foreign exchange, including discretionary and advisory portfolio management services as well as financial engineering and inheritance-related services.

With offices Tokyo and Osaka Societe Generale Private Banking Japan has 130 staff members managed by Alain Simon, President and CEO. As of the end of September 2009, it managed assets of 515 billion JPY (4 billion EUR).