Socgen stories:
SocGen misses profit forecast, ups provisions
Nov 4th, 2009 - Reuters
PARIS (Reuters) - Societe Generale (SOGN.PA) missed forecasts even though it doubled third-quarter net profit from a year ago, and the French bank said the outlook remained uncertain due to the lingering effects of the financial crisis.SocGen to raise euro4.8 billion to pay state loans
Oct 6th, 2009 - Houston Chronicle
PARIS — Societe Generale SA on Tuesday became the second French bank to say it is launching a rights issue to repay emergency funding from the French government early. SocGen...
Socgen videos from YouTube:
2:25Rogue Trader Crushes Bank Societe Generale (Part2)
st0ckman.blogspot.com http PARIS, Jan 25 (Reuters) - The following is a timeline of events concerning the 4.9 billion euro ($7.2 billion) fraud at France's second-largest bank Societe Generale (SocGen) (SOGN.PA: Quote, Profile, Research) ...
3:36Jerome Kerviel Crushes Bank Societe Generale (Part8)
st0ckman.blogspot.com Jan. 29 (Bloomberg) -- French President Nicolas Sarkozy said senior executives at Societe Generale SA should face ``consequences'' for the record loss that resulted from unauthorized trading at the bank. Sarkozy ...
5:24Societe Generale uncovers $7bn fraud - 24 Jan 08
Europe's stock markets are going through a volatile time. The affect of this scandal appears to be limited to the bank in question though. Societe General had its shares suspended at one point, after revealing a rogue trader racked-up losses of seven point five billion dollars ...
9:31Jerome Kerviel Crushes Bank Societe Generale (Part9)
st0ckman.blogspot.com In one of the banking world's most unsettling recent disclosures, France's Société Générale SA said Mr. Kerviel had cost the bank €4.9 billion, equal to $7.2 billion, by making huge unauthorized trades that he hid for months by hacking into computers ...
Socgen from WikiPedia:
Société Générale (Euronext: GLE) is one of the main European financial services companies and also maintains extensive activities in others parts of the world. Its registered office on Boulevard Haussmann in Paris, while its headquarters are in the Tours Société Générale in the business district of La Défense and in the city of Nanterre, west of Paris. The three main divisions are Retail Banking & Specialized Financial Services (particularly in France and Eastern Europe), Corporate and Investment Banking (Derivatives, Structured Finance and Euro Capital Markets) and Global Investment Management & Services.
Société Générale is one of the oldest banks in France. The original name was Société Générale pour favoriser le développement du commerce et de l'industrie en France (English: General Society to Support the Development of Commerce and Industry in France). Société Générale is often nicknamed SocGen in the international financial world.
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