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3 Aug 2011, 4:09 am by By CHRIS V. NICHOLSON
The French bank Société Générale reported on Wednesday that income fell 31 percent in the second quarter, driven by a write-down on Greek sovereign debt. [read post]
6 Oct 2008, 11:15 am
Societe Generale is the tenth [biggest] company on the CAC 40 and the sixth bank in the euro zone. [read post]
19 May 2011, 12:22 pm
“Tenzing knew that taking those documents was wrong,” Societe Generale said. [read post]
3 Nov 2010, 3:30 am by By DEALBOOK
Societe Generale, the second-largest French bank after BNP Paribas, on Wednesday posted a quarterly net income of 900 million euros driven by gains in retail banking and its structured finance desk. [read post]
5 May 2010, 4:01 am by By DEALBOOK
Societe Generale, the large French bank, said Wednesday that its exposure to Greece's government debt is $3.93 billion and it has tightened credit at its Greek unit in response to the financial crisis there, The Associated Press reported. [read post]
23 Aug 2011, 9:14 am by By DEALBOOK
The bank has set aside 170 million euros for Rothschild to buy and sell Société Générale stock in an effort "to keep it steady," a representative of the French bank said. [read post]
1 Mar 2011, 6:22 am
He said he used Societe Generale’s codes because he wanted the job at Tower and because he would have had to build a similar system once hired by the hedge fund. [read post]
12 Mar 2008, 6:29 am
The French bank Societe Generale said Wednesday that another trader has been taken into custody for questioning in connection with a multibillion dollar trading scandal. [read post]
10 Dec 2007, 4:25 am
Societe Generale, France’s second-biggest bank by market value, will bail out its structured investment vehicle by taking on $4.3 billion of assets to avoid a fire sale. [read post]
25 Jun 2010, 6:33 am by By DEALBOOK
The trial of Jérôme Kerviel, accused of setting off nearly 5 billion euros in losses at the French bank Société Générale, ended Friday with judges and prosecutors conceding that a two-year investigation and three weeks of court hearings had left them no wiser about what had ultimately motivated the former trader to make his enormous, unauthorized bets. [read post]
14 Feb 2007, 4:57 am
Societe Generale, France’s third-largest bank, reported a 6.3 percent gain in fourth-quarter profit on higher consumer lending outside its home market and increased revenue at the investment bank. [read post]
1 Dec 2011, 9:38 am by By DAVID JOLLY
Société Générale is said to be planning to eliminate a number of jobs in New York, as the financial crisis and a changing global regulatory environment put pressure on its businesses. [read post]
5 Nov 2010, 7:01 am
Attorney Daniel Levy told the judge that Agrawal was believed to have printed out between 500 to 1,000 pages from Societe Generale’s computers. [read post]
8 Jun 2007, 5:01 am
In a deal that could create a French banking giant, Societe Generale is exploring possible merger options with its larger domestic rival, BNP Paribas, the French economic newspaper Les Echos reported. [read post]
11 Mar 2008, 4:52 am
Societe Generale, seeking to restore its status as a top-tier bank after a massive trading scandal, said Tuesday it had raised 5.5 billion euros ($8.44 billion) in new capital through a share offering. [read post]
19 Oct 2011, 11:26 am by Moderator
This the case of the bankers who cried "wolf".Societe Generale with great fanfare announced that they were leaving Panama in 2010 because of its "tax haven" status. [read post]
9 Nov 2010, 10:54 pm
Bloomberg is reporting that opening statements have been made in the trade secrets theft trial of former Societe Generale employee Samarth Agrawal." [read post]
15 Jun 2008, 12:38 am
An English translation of the "Mission Green" Report (pdf) concerning the fraud committed by Jérôme KERVIEL (JK), Societe Generale trader on the Turbo warrants market within SG's equity derivatives division has been published. [read post]
6 Jun 2010, 9:54 pm by Kim Krawiec
Jérôme Kerviel to Société Générale: Stand By Your Man [read post]
5 Oct 2010, 3:08 am by By DEALBOOK
Jérôme Kerviel, the former Société Générale trader whose rogue dealings almost brought about the French bank's demise, was convicted of breach of trust and other charges Tuesday and sentenced to at least three years in prison. [read post]