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  • November 27, 2014
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Results 1 - 10 of 14 for societe generale

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  1. Business - Banking & Finance - BANKING

    Societe Generale sees loss on Newedge write-down

    Posted Feb 13th 2013, 10:13am by Bloomberg

    ... Bloomberg in Paris Societe Generale, France's second-largest bank, posted a fourth-quarter loss after writing down its stake in derivatives broker Newedge Group and setting aside €300 ... mostly on Newedge. Societe Generale cut jobs and sold assets last year to cope with stricter international capital and liquidity rules after French banks had their access blocked to US dollar ...

  2. Business - Banking & Finance - BANKING

    Royal Bank of Canada, Societe Generale subpoenaed in Libor probe

    Posted Oct 27th 2012, 12:00am by Bloomberg

    ... Bloomberg US investigators subpoena lenders over alleged rigging of interbank rate Nine more banks to be quizzed in Libor probe Societe Generale, Royal Bank of Canada and Bank of America ... financial institutions, including UBS, Deutsche Bank and HSBC Holdings. Besides Societe Generale, Royal Bank of Canada and Bank of America, the other six banks to receive subpoenas from New York ...

  3. News - World - BANKING

    French court rejects rogue trader Jerome Kerviel's appeal

    Posted Mar 20th 2014, 01:44am by BLOOM

    ... Bloomberg in Paris Court dismisses rogue trader's appeal Jerome Kerviel, the former Societe Generale employee convicted for unauthorised transactions that lead to one of the biggest ... the Societe Generale case," David Koubbi, Kerviel's lawyer, said. Kerviel, 37, was not present in court. He had recently finished a gruelling protest trek from Rome to Paris to highlight ...

  4. Business - Banking & Finance - BANKING

    EU fines five banks and a broker HK$18b for fixing Libor, other rates

    Posted Dec 04th 2013, 11:05pm by Reuters

    ... institutions penalised were banks Societe Generale and JPMorgan and brokerage RP Martin. Deutsche Bank received the biggest fine of €725.36 million. The commission said it would continue to investigate ... money to cover most of the €725 million fine. JPMorgan confirmed that it had a €79.9 million penalty in the Libor case but said it would defend itself in the Euribor case. Societe Generale ...

  5. News - World - BANKING

    French rogue trader Jerome Kerviel begins serving prison sentence

    Posted May 19th 2014, 09:59pm by AFP

    ... Agence France-Presse in Nice Jerome Kerviel surrenders at last minute to serve three-year sentence for role in bringing Societe Generale to the brink of bankruptcy French rogue trader in prison Six years after his first arrest, French rogue trader Jerome Kerviel was yesterday beginning a three-year prison term for his role in the near collapse of Societe Generale After a weekend ...

  6. Business - Banking & Finance - BANKING

    China interest-rate reform edges forward with bank prime loan rate

    Posted Oct 26th 2013, 02:56am by Victoria Ruan

    ... the statement said. The [PBOC] will be more cautious with liberalising deposit rates YAO WEI, SOCIETE GENERALE This means the biggest banks will have the most clout in deciding the prime rates. The five ... lending rates] means that the PBOC has pretty much given up the benchmark lending rates as policy rates," said Societe Generale economist Yao Wei. The central bank would be more cautious ...

  7. Business - Banking & Finance - BANKING

    Too big to jail? No bank above the law, says US Attorney General

    Posted May 06th 2014, 09:31am by AFP

    ... Agricole and Societe Generale, laundered money and broke US embargoes by doing business with countries such as Cuba and Iran, a source close to the investigation said. The Wall Street Journal said ... general United States Attorney General Eric Holder warned that no financial institution should consider itself "above the law", amid investigations into alleged tax evasion and money ...

  8. Business - Banking & Finance - BANKING

    ICBC mulls bid for Pioneer to extend global reach in asset management

    Posted Apr 03rd 2014, 05:16am by Reuters

    ... and Societe Generale, have sold their asset management businesses over the past year. ...

  9. Business - Banking & Finance - BANKING

    Book clue to future of China's central bank head

    Posted Nov 02nd 2012, 12:00am by BLOOM

    ... said Yao Wei, China economist at Societe Generale in Hong Kong. The book "is his signal to everybody that his tenure is coming to an end", said Bo Zhiyue, senior research fellow ...

  10. Business - Banking & Finance - BANKING

    Credit Agricole back in profit as Europe recovers

    Posted Feb 20th 2014, 01:16am by BLOOM

    ... for a dividend payment in new shares, it said in the statement. Last week, Societe Generale, France's No2 bank, said it will more than double its dividend after posting a €322 million fourth-quarter ...




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