SocGen


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AcronymDefinition
SocGenSociete Generale (French bank)
References in periodicals archive ?
7 November 2013 a[euro]" French lender Societe Generale SA (EPA:GLE), or SocGen, said today it is holding exclusive talks with peer Credit Agricole SA (EPA:ACA) over a couple of transactions that would change their shareholdings in jointly-owned brokerage Newedge Group SA and fund manager Amundi.
The fine on SocGen, whose image was shaken by a 2008 trading scam, follows similar sanctions on Barclays (LON:BARC), Credit Suisse (VTX:CSGN) and German Commerzbank (ETR:CBK).
SocGen said on Thursday it had uncovered massive unauthorised stock trading by one of its employees that led to 4.
Following this acquisition, SocGen will remain the sole shareholder of Boursorama with 100 percent of the share capital and of the voting rights.
French paper Le Journal du Dimanche said in early September that such a deal was to happen in the following weeks, with SocGen reducing its interest in Amundi to 15% from 25% and potentially exiting it in the next two years.
French City watchdogs have five working days to approve the formal responses from Paribas and SocGen.
7 November 2013 - French lender Societe Generale SA (EPA:GLE), or SocGen, said today it is holding exclusive talks with peer Credit Agricole SA (EPA:ACA) over a couple of transactions that would change their shareholdings in jointly-owned brokerage Newedge Group SA and fund manager Amundi.
18 October 2013 - Singapore-based lender DBS Group Holdings Ltd (SGX:D05) is one of some five suitors that have proceeded to the second round of the auction for the Asian private banking business of French lender Societe Generale SA (EPA:GLE), or SocGen, Bloomberg reported citing three people in the know.
Gay, who had joined SocGen in 1997, will also continue in his position as senior credit analyst, Utilities & Energy.
SocGen also fell foul of the FSA requirement that firms must keep all data related to financial transactions and make it available to the FSA for a minimum of five years.
Maissen will report to Pierre Baer, chief executive of SocGen private banking for Singapore and South Asia.
SocGen, which has 2,000 staff - mostly in two expensive City offices - had no comment to make on UK jobs.