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Societe Generale

Oliver Twist

Financial Markets

Morgan Stanley Seeks $4bn, Nomura Eyes Tie-Ups, SocGen Said Ready To Fire

Morgan Stanley’s infrastructure investment unit plans to seek $4bn for a second global fund, according to two people with knowledge of the matter.

Luzhniki Stadium Moscow

Financial Markets

SocGen’s Russian Unit Said to Cut Hundreds Of Back Office Jobs In Moscow

Societe Generale’s Russian consumer-banking unit, OAO Rosbank (ROSB), is cutting hundreds of back office jobs as it continues cost-reduction efforts, two people with knowledge of the matter said.

Plate Of Kippers

Financial Markets

Top CEO Faces 7 Years - But Was It A Stitch Up ?

Stitched up like a kipper ?

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Luzhniki Stadium Moscow

Financial Markets

SocGen Unit Chief Said Caught in $1.5m Moscow Bribe Sting

The head of Societe Generale’s Russian unit, OAO Rosbank, was detained in a sting operation along with a senior vice president for demanding a bribe from a company seeking to modify a loan, Moscow police said.

Pot Of Gold

Financial Markets

Ex-Credit Suisse Exec and SocGen CEO Do Well

The former head of investment banking for EMEA at Credit Suisse will receive a stock bonus worth about US$45m in today's terms from his new employer over the next seven years, according to a regulatory filing.

Gavel

Financial Markets

MBIA Said To Pay $350m To Settle SocGen Lawsuit

MBIA, the bond insurer that reached a $1.7bn settlement with Bank of America this week, will pay $350m Societe Generale to resolve litigation, a person familiar with the matter said.

HSBC Sign

Financial Markets

HSBC Profits Up On Cost Cutting, SocGen Mulls Cuts, Commerzbank Posts Loss

HSBC has said first-quarter profit almost doubled, beating analyst estimates, as bad debts declined and it cut costs.

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People & Firms

Societe Generale Appoint Head Of Global Transaction Banking

Christian Behaghel has been appointed head of Global Transaction Banking and deputy head of Global Transaction & Payment Services at Societe Generale.

Eiffel Tower

Financial Markets

BNP Paribas, Societe Generale Pay Price For Domestic Market Slump

BNP Paribas, Societe Generale and Credit Agricole, which spent much of the European-crisis years fixing operations outside France, are now counting the cost of the economic slump at home.

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People & Firms

Societe Generale Securities Services Appoints Sales Director

Societe Generale Securities Services (SGSS) has appointed Christopher Schnabel as Sales Director in Germany.

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

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