Societe Generale (Paris: GLE) is the third-largest bank in France by assets, after BNP Paribas and Credit Agricole, and the fifth-largest in Europe.[1] Founded in 1864 and based in Paris, the bank employs about 133,000 people in 61 countries and serves 30 million customers. It has three main businesses: French retail banking, international retail banking, insurance and financial services; and global banking and investor solutions.[2]
In the first nine months of 2021, the bank had a net income of €4.3 billion, versus a loss of €386 million in the year earlier period. Revenue rose 18% to €19.2 billion from €16.3 billion.[3]
When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
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