World news about “Societe Generale” published by euronews.
Greek losses drag SocGen profit down Societe Generale has posted a slump in quarterly profits; it was hit by charges including losses on money it has loaned to Greece. France’s second-biggest… 08/11/2011
Banks count the cost of Greek loans The size of the losses faced by banks that have lent money to Greece is set to rise and those banks are coming under increasing pressure to raise their… 13/10/2011
Markets rise on debt hopes European shares rose in a tentative recovery rally on hopes a plan by European Commission President Jose Manuel Barroso to present options for the… 14/09/2011
European shares turn positive Shares rose after the head of the European Commission Jose Manuel Barroso said it would soon present options for the introduction of euro area bonds. His… 14/09/2011
Greece hits SocGen profit Losses from Greece caused French bank Societe Generale to post second quarter profits that were down by nearly a third. France’s second-biggest bank also… 03/08/2011
Arab unrest hits profits at Société Générale First-quarter profits at Société Générale dropped short of expectations as the bank suffered as a result of the unrest in the Arab world. France’s… 05/05/2011
French banks downgraded by Moody’sAs financial markets factored in a 90 percent chance that Greece will default on its debt, one of the world’s big three credit ratings agencies, Moody’s… 14/09/2011
Kerviel blames system for bank’s lossesThe man whose trading almost brought down Societe Generale, one of France’s biggest banks, has appeared in court. Jerome Kerviel’s long-awaited trial is… 09/06/2010
Kerviel in court over “rogue” tradingThe man accused of one of the biggest banking frauds in history has appeared in court on the first day of his high-profile trial in Paris. Jerome Kerviel… 08/06/2010
Banking system on trial during Kerviel caseThe man accused of being the world’s biggest rogue trader, Jerome Kerviel goes on trial today over the five billion euro loss he incurred for the French bank… 08/06/2010
BNP Paribas and SocGen interested in ZachodniFrench banks BNP Paribas and Societe Generale are the latest reportedly interested in bidding for a 70 percent stake in Polish bank Zachodni. Allied Irish… 31/05/2010
SocGen’s results disappointLacklustre results from France’s second-biggest bank Societe Generale. The lender, which issued a profit warning last month, announced weak fourth-quarter… 18/02/2010
Societe Generale finds more toxic assetsIt may be too soon to declare the financial crisis over as Societe Generale has issued a profit warning. France’s second largest bank said assets that it… 13/01/2010
Dexia could merge with Societe GeneraleBelgian bank Dexia could be merged with French bank, Societe Generale. An internet news site is reporting that the French government is looking at a… 23/11/2009
SocGen raises cash to repay aidFrench bank Societe Generale is to sell 4.8 billion euros worth of new shares. The cash raised will be used to repay bailout money the bank received from… 06/10/2009
