SocGen Taps Amazon, Microsoft for Cloud as Banks Target Costs
- French bank aims to start moving data to public clouds by June
- More banks looking to cloud to lower costs, providers say
The headquarters of Societe Generale SA stand in Paris.
Photographer: Balint Porneczi/BloombergThis article is for subscribers only.
Societe Generale SA is embracing the cloud.
The Paris-based bank is working with Microsoft Corp. and Amazon.com Inc. to become one of the first large European banks to adopt cloud computing for the bulk of its operations.