Reuters·2025-11-05 17:34Core Viewpoint - Societe Generale, France's third-largest listed bank, is set to close 101 branches in the country next year, as reported by the CGT union in an email statement [1] Company Summary - Societe Generale is planning to reduce its physical presence in France by closing 101 branches [1] - This decision reflects ongoing trends in the banking industry towards digitalization and cost-cutting measures [1] Industry Summary - The closure of bank branches is indicative of a broader shift within the banking sector, as institutions adapt to changing consumer behaviors and the increasing reliance on digital banking services [1] - The move may impact local economies and employment within the banking sector, as fewer physical locations could lead to job losses [1]