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.

SocGen 'rogue trader' Kerviel heading for jail

Unhappy Face

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.

More pay for risk professionals

Pot Of Gold

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.


No Pot Of Gold

Gold study shows market manipulation

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.

Trader Apologizes To Staff, Asks For 'Forgiveness'

Jerome Kerviel has apologized to Societe Generale employees and said he 'never lied' during the investigation into the bank’s $6.1bn trading loss, as his lawyers asked a Paris court to clear him of any wrongdoing on the final day of his hearing.