格隆汇1月27日｜法国兴业银行外汇策略师Kit Juckes表示，日元兑美元一度短暂升至11周高点，可能反 映出交易员因担忧日本当局干预汇市而变得谨慎敏感。交易员尤其警惕在美股开盘前后可能出现的"汇 率询价"行为。此类询价通常由监管机构发起，旨在了解当前市场报价，往往被视为直接外汇干预的前 兆。当前市场走势也表明，投资者正陷入两难：一方面担心若日本当局出手干预，日元将迅速走强；另 一方面又忧虑若无任何政策信号，日元可能再度回落。 ...

Societe Generale has outlined a proposal to trim its workforce in France by 1,800 positions, primarily through “natural attrition”. The move comes as part of a broader organisational restructuring that has been submitted for consideration to employee representatives. As part of its restructuring efforts, Societe Generale recently conducted a collaborative programme involving nearly 2,000 staff members. This initiative gathered thousands of suggestions from employees on ways to enhance efficiency, inclu ...

法国兴业银行计划于明年年底前在法国裁撤1,800个岗位，其首席执行官Slawomir Krupa寻求削减开支。 法兴银行在周四发布公告宣布裁员，称该行"将继续提升运营效率、简化组织架构，并投资于技能发展 与内部流动"。CGT工会此前已在一篇博客文章中披露了相关裁员计划。工会表示，此次人员缩减将通 过自然减员实现，而非强制离职；法兴银行在法国约有4万名员工。 ...

Group 1 - The French bank plans to cut approximately 1,800 jobs in France to manage costs effectively [1]

Group 1 - Societe Generale announced a reduction of 1,800 positions in its French retail banking branch [1] - The job cuts may extend beyond the French retail banking sector [1]

Core Viewpoint - Societe Generale is accelerating its organizational simplification and skill development to enhance operational efficiency and sustainable performance [1] Group 1: Organizational Changes - The company has submitted a project for organizational simplification in France, focusing on several activities and central functions at headquarters, while the branch network remains unaffected [3] - The proposed changes aim to simplify operating methods, making them more efficient and agile in serving clients [3] - A net reduction of 1,800 positions is planned through natural attrition and an innovative social framework, without any redundancy plan, favoring internal career moves [4] Group 2: Employee Development - Career-long training will be enhanced through Societe Generale University, and a Mobility and Skills Campus will be established to facilitate internal mobility and diverse career paths [5] - The planned changes will be implemented gradually in 2026 and 2027, following consultations with employee representative bodies [5] Group 3: Employee Engagement - Close to 2,000 employees participated in a collaborative initiative, generating thousands of ideas to optimize tools, simplify processes, and strengthen automation and AI usage [2]

法国总工会（CGT）当地时间1月21日表示，法国兴业银行计划2027年底前在法国裁减1800个岗位。该 工会在一份声明中说："管理层正在召集工会，向他们提交重组计划，该计划将导致裁员1800 人，且没 有任何具体的支持计划。" ...

Group 1 - The core point of the article is that Société Générale plans to cut 1,800 jobs in France by the end of 2027 as part of a restructuring plan [1] - The French General Confederation of Labor (CGT) stated that management is convening unions to present the restructuring plan, which will lead to the layoffs without any specific support plan for affected employees [1] - A statement from Société Générale is expected to be released on Thursday regarding this matter [1]

市场资讯：法国兴业银行将在法国裁员1800人。 ...

该报告研究可追溯到1850年的数据发现，这两个市场表现出很强的长期相关性，重大断联仅发生在特殊 事件期间。 其中包括1980年亨特兄弟的白银挤压和全球金融危机，当时铜价因经济衰退担忧而下跌，而白银价格则 受到与不确定性相关的需求的支撑。 几个世纪以来，铜和白银通过其在采矿、贸易和经济应用中的共同起源而联系在一起，创造了一种历史 关系，这种关系定期反映在二者的市场行为中。 根据法国兴业银行的商品指南针分析报告，这两种金属通常都是从同一个多金属矿床中提取的，从而形 成了早于现代商品市场的长期生产联系。 该行表示，铜和白银已经同时开采了数千年，特别是在多金属地质结构使联合开采在经济上可行的地 区。 这种联合生产意味着铜矿开采活动的变化在历史上影响了白银供应，将这两种金属之间的结构性关系植 根于矿产地质和矿山开发，而非市场情绪。 法兴银行分析的价格数据表明，这种物理联系转化为铜和白银价格之间的长期关系。 该行还强调，精炼流程在历史上加强了这种联系。在铜冶炼和电解精炼过程中回收的白银使白银供应有 很大一部分依赖于铜加工基础设施。 因此，随着时间的推移，铜精炼技术的进步提高了白银的回收率，进一步将白银产量与铜产量水平联系 ...