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.
Societe Generale's primary business is private banking, global investment management and services, and corporate & investment banking.
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French bank Societe Generale reported a 7.8 percent rise in net profit on Friday, while adding to its litigation provisions.
Commerzbank will probably be the next bank to resolve alleged U.S. sanctions violations, a person with knowledge of the matter said.
Have job will travel.
Morgan Stanley now has new critic: the Chinese government.
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.
Credit Agricole, which refused to settle an antitrust probe over Euribor manipulation, accused European Union regulators of bias and said they should step down from the case, according to two people with knowledge of a letter the lender sent to the EU.
'I was in the system and I let myself get drawn into the system'.
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.
Guillaume Burtschell has been appointed Head of Societe Generale Corporate & Investment Banking in Japan and President of Societe Generale Securities, Tokyo Branch, effective 1 October 2012.
More commodities woe.
French bank Societe Generale reported a jump in fourth-quarter profit, but took a large write down on the value of its Russian unit as the country's economy continues to struggle.
Societe Generale Private Banking (SGPB) has made the following appointments, effective from 1st January 2013:
It's all his fault.
Société Générale Corporate & Investment Banking has announced the following appointments across Europe and the US, within the Natural Resources and Energy Financing Group, part of Global Finance:
French bank Societe General has told investors to steer clear of U.K. assets and sell sterling due to risks from "zero" reform and political deadlock.
Have job will travel.