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Societe Generale Private Banking (SGPB) is the private banking and wealth management arm of Societe Generale Group (SG Group). It provides comprehensive wealth management and private banking services to high net-worth individuals (HNWIs have a net worth of US$1 million or more, excluding their primary residence), entrepreneurs, business owners and people involved in liberal art and media. It also provides wealth management services to ultra high net-worth individuals (UHNWIs have a net worth of US$30 million or more, excluding their primary residence). Services offered by the bank include wealth planning, investment solutions, financing solutions and diversification services. Societe Generale Private Banking had Assets under Management (AuM) figure of EUR84 billion (US$107.95 billion) as on September 30, 2013. The bank had historical AuM figures of EUR86.1 billion (US$110.6 billion) as on December 31, 2012, which stood at EUR84.7 billion (US$108.8 billion) as on December 31, 2011, EUR84.5 billion (US$108.6 billion) as on December 31, 2010 and EUR75.4 billion (US$96.9 billion) as on December 31, 2009. The bank has a presence in Belgium, Channel Islands, France, Gibraltar, Luxembourg, Monaco, Switzerland, the UK, Canada, the Bahamas, the US, Uruguay, China, Japan, Singapore, and the UAE. SGPB is headquartered in Paris, France.Report Scope
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