Societe Generale's primary business is private banking, global investment management and services, and corporate & investment banking.

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SocGen profit tumbles on Russia unit writedown

Vladimir Putin Speaks

French bank Societe Generale reported a 13.3 percent drop in first-quarter net income as it booked a 525 million euro ($731 million) writedown on its Russian business as turmoil in Ukraine persists.

FCA makes visits over London gold price fixing

Gold Bar And Coins

Regulators are stepping up their scrutiny of how gold prices are set, with officials from Britain’s Financial Conduct Authority visiting Societe Generale to observe the so-called London fixing process, two people with knowledge of the matter said.

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Exit Sign

Top Firm Could Cut Up To 700 Jobs

Societe Generale may cut between 600 and 700 jobs as part of a broader cost-cutting drive in the face of stagnant growth in its home market, three union sources has told Reuters.

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