SocGen CEO to Ruhle: Putin more rational than some think; wants ‘self-funded’ growth in Russia.

In an interview with Bloomberg’s Stephanie Ruhle (@SRuhle), Societe Generale Chairman/CEO Frederic Oudea said he has had a ‘good’ experience doing business in Russia on a daily basis and wants to grow there by limiting risk.
Oudea also said:

-   “Self-funded development” in Russia is key

-   SocGen sees many clients going to Russia, wants to accompany them.

-   Putin has been more rational than some people think.

-   No reason for Russia to change rules of doing business in Russia.

-   Talent must be rewarded, but people must be motivated by what they do [re: Banker's pay]

-   Everyone is motivated by pay, but it can’t just be pay, we must build a different culture.

-   Barclays moving toward a SocGen model.
http://investmentwatchblog.com/socgen-ceo-to-ruhle-putin-more-rational-than-some-think-wants-self-funded-growth-in-russia/

  **CREDIT: BLOOMBERG TELEVISION**