Search Results for: Societe Generale
Société Générale to pay millions for LIBOR and Euribor manipulation charges
June 5th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for ...
Two former top Société Générale Managers accused of a Libor Scheme
August 25th, 2017
U.S. authorities on Thursday charged two managers at French bank Societe Generale (SCGLY) with taking part in a scheme to manipulate the global U.S. dollar Libor benchmark interest rate. Danielle Sindzingre, 54, the bank’s former global head of treasury, ...
Bet on a Pound Sterling to Euro Exchange Rate Decline in 2017-2018 say Société Générale
June 14th, 2017
Foreign exchange strategists at Société Générale have confirmed they are expecting further depreciation in the value of Pound Sterling relative to the Euro. The call comes as the French investment bank release their mid-year review of global foreign exchange ...
Societe Generale reports net income of EUR 747 million for Q1 2017
May 6th, 2017
Net banking income for the businesses of EUR 6,518m (+4.0% vs. Q1 16) driven by the growth in International Retail Banking & Financial Services and Global Banking & Investor Solutions. Book net banking income of EUR 6,474m, up +4.8% ...
Societe Generale agreed to sell German online broker
December 12th, 2016
Societe Generale Group, through Boursorama, has agreed to sell the entire stake of Boursorama in Onvista AG, its German subsidiary, to Comdirect bank AG. The sale is expected to close before end of H1 2017, following completion of the ...
CFTC Orders Paris-Based Société Générale SA to Pay a $450,000 Penalty
December 8th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Société Générale SA (Société Générale) for failing to properly report certain non-deliverable forward transactions to a swap data repository (SDR), and failing ...
Societe Generale: The euro is likely to trade even against the US dollar by time France elects president
November 23rd, 2016
The euro is likely to trade even against the US dollar ahead of French presidential elections in April, according to the Paris-based bank Societe Generale. The dollar strengthened more than six percent against the euro after Donald Trump won ...
Societe Generale’s acquisition deal to create one of the UK’s largest private banking groups
March 16th, 2016
Soc Gen buys out Kleinwort Benson to create UK banking giant Societe Generale has agreed to purchase Kleinwort Benson and will integrate the company into Societe Generale Private Banking Hambros to create one of the UK’s largest private banking ...
Société Générale:Quaterly financial information
February 11th, 2016
Societe Generale has issued a report to inform on Quarterly financial results. 2015: CONTINUED GROWTH – Substantial growth in net banking income: +8.8% vs. 2014, driven by the commercial dynamism of all the businesses. Increase excluding non-economic items** of ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
