"I'm convinced that Societe Generale is perfectly armed to develop in a profitable manner while remaining independent," Oudea told La Tribune in an interview published on Wednesday.
PARIS (Reuters) - French bank Societe Generale <SOGN.PA>, hit earlier this year by a rogue trader scandal, is well equipped to stay independent, new Chief Executive Frederic Oudea told French paper La Tribune.
"I'm convinced that Societe Generale is perfectly armed to develop in a profitable manner while remaining independent," Oudea told La Tribune in an interview published on Wednesday.
Last month, speculation that the bank could become a takeover target resurfaced after CEO and Chairman Daniel Bouton, who had been a staunch defender of the French bank's independence, announced he would step down as CEO while holding on to his position as chairman.
In March, SocGen's rival BNP Paribas <BNPP.PA> said it had decided against considering a bid, having previously said it was looking at the bank.
!ADVERTISEMENT!(Reporting by Blaise Robinson; editing by Sue Thomas)




