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Societe Generale News

05 Feb 2024

French Bank SocGen To Cut About 900 Jobs At Paris Head Office

The job cuts will mostly target IT and other support functions at the lender's headquarters in La Defense business district in the French capital, the sources said.

14 Nov 2016

French bank to repay tax breaks given after Kerviel affair: Report

French tax authorities are seeking to recover 2.2 billion euros of tax breaks given to Societe Generale following massive losses due to "rogue trader" Jerome Kerviel`s recklessness, Les Echos newspaper said on Monday.

Societe Generale

24 Apr 2015

SocGen raises oil price forecasts on pending US output decline

Societe Generale raised its price forecasts for crude on expectations of a rebalancing of the global oil market spurred by an imminent decline in U.S. production.

09 Apr 2015

Adani dismisses French banks' Australia coal project snub

India's Adani Group on Thursday brushed aside a decision by three leading French banks not to fund huge coal industry projects in Australia`s Galilee Basin near the Great Barrier Reef, saying it had "no bearing" on the company.

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