Societe Generale

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

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LATEST

Ex-Soc Gen traders said to start new hedge fund

Hedge Fund

Former Societe Generale traders led by Jong Beum Kim plan to start a new hedge fund that will employ several strategies seeking to profit from volatility in Asian markets and exploiting mispricing of related securities, according to people with knowledge of the matter.

SocGen delivers 'solid results'

Frederic Oudea

French bank Societe Generale enjoyed the benefits of a sharp increase in its retail banking business and what its chief saw as a "moderate" improvement in economies as it recorded a 27 percent increase in third-quarter group net profit to 1.126 billion euros ($1.2 billion).

People News: Citi, C Suisse, SocGen

Dubai

Citigroup has promoted James von Moltke to treasurer, filling a job left vacant earlier this year when Eric Aboaf left to become Citizens Financial Group’s chief financial officer.

Societe Generale sees profit jump, hikes capital

Thumbs Up At Desk

France's second-largest listed lender, Societe Generale posted a better-than-expected 25 percent increase in net income in the three months to June of this year as the bank said it planned to hike its capital buffer.

People News: SocGen, Point72.

Statue Of Liberty

Societe Generale’s head of structured products for the Americas is shifting to another role within the bank, and at least two other team members in the U.S. are leaving amid a reorganization.

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Gavel

'Rogue trader' seeks new trial

Jerome Kerviel sought the suspension of a French trial into whether he is responsible for Societe Generale's $5.3bn trading loss eight years ago until a criminal court rules on the convicted rogue trader’s bid for a retrial.

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