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Societe Generale

Business

French court cuts damages owed by rogue trader Jerome Kerviel

A French appeals court has cut the amount of damages owed by trader Jerome Kerviel to his former employer Societe Generale to a million euros.

A French appeals court has cut the amount of damages owed by trader Jerome Kerviel to his former employer Societe Generale to a million euros.

Business

French rogue trader Kerviel wins wrongful dismissal case

French bank Societe Generale has been ordered to pay rogue trader Jerome Kerviel compensation for wrongfully firing him even though he cost them almost five billion euros.

French bank Societe Generale has been ordered to pay rogue trader Jerome Kerviel compensation for wrongfully firing him even though he cost them almost five billion euros.

Business

French bank Societe Generale reports profit jump

A bigger cushion of capital and higher cost savings. Those are the twin aims of Societe Generale as the French bank reported better-than-expected

A bigger cushion of capital and higher cost savings. Those are the twin aims of Societe Generale as the French bank reported better-than-expected

News

Lawyers call for case review in France's biggest rogue trader scandal

Lawyers for convicted French “rogue trader” Jerôme Kerviel have asked for his case to go before the Court of Revision after what they claim is new

Lawyers for convicted French “rogue trader” Jerôme Kerviel have asked for his case to go before the Court of Revision after what they claim is new

News

Police source claims SocGen bosses knew of Kerviel's risky business

A French media website claims senior executive at Societe Generale bank were aware of the activities of rogue trader Jerome Kerviel who racked up

A French media website claims senior executive at Societe Generale bank were aware of the activities of rogue trader Jerome Kerviel who racked up

News

Rogue trader who lost billions walks free 110 days into 5-year term

French rogue trader Jerome Kerviel, who racked up record losses for his bank Société Générale in 2008 and was jailed for five years for illegal

French rogue trader Jerome Kerviel, who racked up record losses for his bank Société Générale in 2008 and was jailed for five years for illegal

News

French rogue trader walks free 110 days into 5-year term

French rogue trader Jerome Kerviel, who racked up record losses for his bank Société Générale in 2008 and was jailed for five years for illegal

French rogue trader Jerome Kerviel, who racked up record losses for his bank Société Générale in 2008 and was jailed for five years for illegal

News

French banker who lost billions may have custodial sentence reduced

Jérôme Kerviel the banker found guilty of losing French bank Société Générale 4.9 billion euro is on course to have his five-year sentence

Jérôme Kerviel the banker found guilty of losing French bank Société Générale 4.9 billion euro is on course to have his five-year sentence

Nocomment

Sichuanese escape summer heat at water park

Tens of thousands of people in southwest China’s Sichuan Province tried to escape the heat this weekend by heading to various water parks. One

Tens of thousands of people in southwest China’s Sichuan Province tried to escape the heat this weekend by heading to various water parks. One

News

Convicted rogue trader Kerviel starts jail term in France

The convicted rogue trader, Jerome Kerviel, has begun a three year jail sentence in France after being arrested late on Sunday. He has spent years

The convicted rogue trader, Jerome Kerviel, has begun a three year jail sentence in France after being arrested late on Sunday. He has spent years

News

Rogue trader to Renaissance man: Kerviel refuses to leave Italy

Rogue trader Jerome Kerviel who faces a three-year jail sentence has refused to return to France unless his appeal to the president is

Rogue trader Jerome Kerviel who faces a three-year jail sentence has refused to return to France unless his appeal to the president is

News

No fine, but jail term upheld for former rogue trader Jerome Kerviel

Jerome Kerviel, the former rogue trader for French bank Société Générale has lost his appeal against a three-year jail sentence. But a civil ruling

Jerome Kerviel, the former rogue trader for French bank Société Générale has lost his appeal against a three-year jail sentence. But a civil ruling

Business

Societe Generale cuts jobs as income falls

French bank Societe Generale is to cut at least 700 jobs from its workforce, although the figure may be as high as 1000. It is the second-largest

French bank Societe Generale is to cut at least 700 jobs from its workforce, although the figure may be as high as 1000. It is the second-largest

Business

BNP Paribas bids farewell to Egypt

BNP Paribas, France’s biggest bank, has agreed to sell its Egyptian arm to Emirates NBD. The price is 377 million euros. Emirates NBD wants to

BNP Paribas, France’s biggest bank, has agreed to sell its Egyptian arm to Emirates NBD. The price is 377 million euros. Emirates NBD wants to

News

French rogue trader asks for help

Former Société Générale trader Jérome Kerviel is appealing to his former colleagues to help him avoid jail. The 35-year-old plans to appeal to

Former Société Générale trader Jérome Kerviel is appealing to his former colleagues to help him avoid jail. The 35-year-old plans to appeal to

News

French rogue trader Kerviel loses appeal

A Paris appeal court has upheld a jail sentence for Jérome Kerviel, the rogue trader who lost the bank Société Générale (Soc-Gen) nearly five-billion

A Paris appeal court has upheld a jail sentence for Jérome Kerviel, the rogue trader who lost the bank Société Générale (Soc-Gen) nearly five-billion

News

Rogue-trader Kerviel loses appeal

Jerome Kerviel, the man behind France’s biggest rogue trading scandal, has lost his appeal at a Paris court, which has upheld his jail

Jerome Kerviel, the man behind France’s biggest rogue trading scandal, has lost his appeal at a Paris court, which has upheld his jail

News

Ex-SocGen trader Kerviel jailed for 3 years

Former Societe Generale trader Jerome Kerviel was sentenced to three years in prison for his role in France’s biggest rogue-trading scandal on

Former Societe Generale trader Jerome Kerviel was sentenced to three years in prison for his role in France’s biggest rogue-trading scandal on

Business

SocGen profit slumps in difficult time for French banks

Societe Generale is the latest eurozone bank to suffer worse-than-expected second-quarter results. Net profit at France’s second largest lender

Societe Generale is the latest eurozone bank to suffer worse-than-expected second-quarter results. Net profit at France’s second largest lender

News

Prosecutors seek maximum sentence for rogue trader Kerviel

In France prosecutors have called for the former Societe Generale trader Jerome Kerviel to serve five years in prison. Kerviel is appealing a

In France prosecutors have called for the former Societe Generale trader Jerome Kerviel to serve five years in prison. Kerviel is appealing a

News

SocGen 'rogue trader' appeals against jail term

Jerome Kerviel, a convicted rogue trader who almost brought down one of France’s biggest banks, launched his appeal in Paris on Monday. He was

Jerome Kerviel, a convicted rogue trader who almost brought down one of France’s biggest banks, launched his appeal in Paris on Monday. He was

Business

Mixed results for Societe Generale

Societe Generale’s quarterly profits were hit by the French bank’s efforts to strengthen its capital reserves. It is slashing costs, debt and jobs

Societe Generale’s quarterly profits were hit by the French bank’s efforts to strengthen its capital reserves. It is slashing costs, debt and jobs

Business

Greek losses drag SocGen profit down

Societe Generale has posted a slump in quarterly profits; it was hit by charges including losses on money it has loaned to Greece.   France’s

Societe Generale has posted a slump in quarterly profits; it was hit by charges including losses on money it has loaned to Greece.   France’s

Business

Banks count the cost of Greek loans

The size of the losses faced by banks that have lent money to Greece is set to rise and those banks are coming under increasing pressure to raise

The size of the losses faced by banks that have lent money to Greece is set to rise and those banks are coming under increasing pressure to raise

Business

Markets rise on debt hopes

European shares rose in a tentative recovery rally on hopes a plan by European Commission President Jose Manuel Barroso to present options for the

European shares rose in a tentative recovery rally on hopes a plan by European Commission President Jose Manuel Barroso to present options for the

Business

European shares turn positive

Shares rose after the head of the European Commission Jose Manuel Barroso said it would soon present options for the introduction of euro area

Shares rose after the head of the European Commission Jose Manuel Barroso said it would soon present options for the introduction of euro area

News

French banks downgraded by Moody's

As financial markets factored in a 90 percent chance that Greece will default on its debt, one of the world’s big three credit ratings agencies

As financial markets factored in a 90 percent chance that Greece will default on its debt, one of the world’s big three credit ratings agencies

Business

Greece hits SocGen profit

Losses from Greece caused French bank Societe Generale to post second quarter profits that were down by nearly a third. France’s second-biggest

Losses from Greece caused French bank Societe Generale to post second quarter profits that were down by nearly a third. France’s second-biggest

Business

Arab unrest hits profits at Société Générale

First-quarter profits at Société Générale dropped short of expectations as the bank suffered as a result of the unrest in the Arab world. France’s

First-quarter profits at Société Générale dropped short of expectations as the bank suffered as a result of the unrest in the Arab world. France’s

News

Kerviel blames system for bank's losses

The man whose trading almost brought down Societe Generale, one of France’s biggest banks, has appeared in court. Jerome Kerviel’s long-awaited

The man whose trading almost brought down Societe Generale, one of France’s biggest banks, has appeared in court. Jerome Kerviel’s long-awaited