CEO of Société Générale, Frédéric Oudéa has pledged the group's Russian business will be among the main drivers of growth in profits in the next three years.
Societe Generale's primary business is private banking, global investment management and services, and corporate & investment banking.
Societe Generale has appealed against the $613.4m fine it paid last year for manipulating benchmark interest rates, saying regulators had miscalculated it.
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.
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.
The Libyan Investment Authority has accused Societe Generale of funnelling bribes worth tens of millions of dollars to associates of Saif al-Islam, the son of former Libyan leader Muammar Gaddafi, the Financial Times reported late Sunday.
Societe Generale had turned the page on Jerome Kerviel’s record trading fraud. Until yesterday.
Jerome Kerviel, the former Societe Generale trader who brought the bank to the brink of collapse in 2008 by placing bets worth $69.5 billion has been sentenced to at least three years in jail but will shed the title of 'most indebted man on earth' after six years of legal battles.
Societe Generale will seek shareholder permission to pay bonuses amounting to twice bankers’ salaries after the European Union imposed caps on variable compensation.
Once modest of pay and profile, risk experts are being reborn as rock stars of the banking world - their status and salaries soaring as regulators force financial institutions to clean up.
Jerome Kerviel’s quixotic quest for redemption has won him at least one convert.
Societe Generale Securities Services (SGSS) has appointed Mathilde Guérin as Head of Sub-Custody Network Management.
Societe Generale has announced the appointment of Richad Soundardjee as Group Chief Region Officer for the Middle East, as well as Chief Executive Officer of Societe Generale Dubai.
Societe Generale Cross Asset Research announces the appointment of a four-strong team to cover consumer goods to further strengthen its global equity research capabilities.
'I was in the system and I let myself get drawn into the system'.
French bank Societe Generale reported a 7.8 percent rise in net profit on Friday, while adding to its litigation provisions.
Jerome Kerviel, the former Societe Generale trader convicted of fraudulent transactions that led to a record loss at the bank, is getting out of jail early.
The London gold fix, the benchmark used by miners, jewellers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say.
Sumitomo Mitsui Financial Group’s trust banking arm plans to almost double employees in the next three years to 300 to expand services for wealthy individuals in Japan.
Societe Generale Private Banking (SGPB) has made the following appointments, effective from 1st January 2013: