News tagged with “societe generale sa”. Found:
18 tagged news reports.
Your Search Returned 18 tagged news reports
BNP Paribas Q3 net profit rises 45pc
Paris :: France | about 1 month ago
Credibility
French bank BNP Paribas has surpassed analyst expectations by reporting a 45 per cent increase in the third quarter net profit thanks to investment banking earnings and after its acquisition of Belgian lender Fortis. The euro-zone's largest banking group...
Tags: net profits, Societe Generale SA, BNP Paribas SA, largest banking, quarter net, France, investment banking
Agricole says no plans for SG, Groupama merger talks
Paris :: France | about 1 month ago
Credibility French bank Credit Agricole said it had no plans for talks on a merger with rival Societe Generale and insurer Groupama, after Le Monde newspaper reported that Agricole was studying such a deal. "Credit Agricole says it has not engaged Societe Generale...
Société Générale to Raise $7 Billion to Repay Bailout
Paris :: France | 2 months ago
Credibility Société Générale, the French bank, said Tuesday it planned to raise €4.8 billion, or $7.02 billion, in a rights offering to repay government bailout funds and pursue acquisitions. The moves comes just a week after BNP Paribas, the largest bank in France,...
Tags: BNP Paribas, Société Générale SA, repay government, France, Paris
SocGen set to raise 4.8bn euros
Paris :: France | 2 months ago
Credibility The bank said it would offer existing shareholders a further two shares for each nine they own, with the new stock priced at a 27% discount. SocGen has received 3.4bn euros of state aid since the end of last year to help it cope with the financial crisis.
Tags: SocGen, Societe Generale SA, billion euros, French, France, Paris
Frederic Oudea, Chairman & CEO, Societe Generale
London :: United Kingdom | 2 months ago
Credibility If there’s one key concern bothering the bosses of global banking, it’s liquidity and the battering that the image of the banking industry has taken. Frederic Oudea, who took over as chairman and CEO of Societe Generale last year, believes that the future...
Tags: Frederic Oudea, Societe Generale SA, United Kingdom, London
SocGen's Mustier Exits Amid Probe
Paris :: France | 4 months ago
Credibility Jean-Pierre Mustier, the highflying banker who headed Société Génerale SA's investment-banking arm when the French bank was rocked by a trading scandal in 2008, is stepping down after being named in an insider-trading investigation. The inquiry by France's...
Tags: Jean-Pierre Mustier, insider trading, trading scandal, Societe Generale SA
Commerzbank makes quarterly loss
Frankfurt :: Germany | 9 months ago
Credibility Germany's Commerzbank has made a 809m- euro ($1bn, £716m) loss in the final three months of 2008. Chief executive Martin Blessing said the quarter was "one of the most difficult ever for Commerzbank". The bank said it made write-downs on debt and more...
Tags: Commerzbank AG, Volkswagen Bank, Germany, billion euro, Société Générale SA, car loans, net losses, Puma AG
French bank settles Manulife suit for $611 million
Toronto :: Canada | about 1 year ago
Credibility Manulife Financial Corp. said Wednesday it had settled a lawsuit against French bank Société Générale over losses from Portus Alternative Asset Management Inc., a failed Canadian hedge fund company. In March of 2007, Manulife sued Société Générale on...
Little impact seen as Vietnam banks trim loan rates
Hanoi :: Vietnam | about 1 year ago
Credibility Vietnam's largest partly private bank, Vietcombank, joined other big lenders in cutting loan rates on Friday but analysts doubted this would do much to lift business sentiment in an economy hit by double-digit inflation. Vietcombank is the third bank...
Tags: State Bank of Vietnam, Vietnam Bank, SeABank, government bonds, Societe Generale SA, vietnam banks, Vietcombank
Bouton defends actions in dealing with fraud
Paris :: France | about 1 year ago
Credibility Bouton defends actions in dealing with fraud Societe Generale SA chiefs faced boos and jeers at a shareholders meeting Tuesday while defending the French bank's response to one of the world's largest trading scandals, which caused a massive loss. Chairman...
Tags: Daniel Bouton, Societe Generale SA
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