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Societe Generale
BANKING
Societe Generale to raise capital to pay back French government
Societe Generale has announced it will raise 4.8 billion euros to repay aid money lent by the French government. The government provided 3.4 billion euros to help Societe Generale during last year's financial crisis.
FINANCIAL CRISIS
French banks demand billions of dollars over Lehman collapse
France's top banks – including BNP Paribas, Société Générale and Dexia – are demanding billions of dollars from the administrator of Lehman Brothers over the Wall Street investment bank's September 2008 collapse.
JUSTICE
Trial of French ex-trader Jerome Kerviel delayed pending appeal
The trial of Jerome Kerviel, the former trader accused of having lost French bank Societe Generale 4.9 billion euros, has been delayed pending the examination of a procedural appeal lodged by his lawyer.
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JUSTICE
French ex-trader Jerome Kerviel to stand trial
Jerome Kerviel, the rogue trader suspected of having lost the Societe Generale 4.9 billion euros in a huge fraud scandal in 2008, will be facing trial on charges of breach of trust, among others. He faces up to five years in prison if convicted.
THEATRE
French rogue trader scandal inspires comedy
"Le Roman d'un trader" (Story of a Trader), a comedy loosely based on the multi-billion euro losses blamed on Société Générale trader Jerome Kerviel (pictured) in 2008, will run for three weeks at a Nice theatre from September 23.
BANKING
French 'rogue trader' boss being investigated for insider trading
Jean-Pierre Mustier, the former head of the Société Générale division where alleged rogue trader Jerôme Kerviel worked, said he will leave the bank after French financial regulators announced they were investigating him for insider trading.
BANKING
French 'rogue trader' boss investigated for fraud
Jean-Pierre Mustier, the former head of the Société Générale division where alleged rogue trader Jerôme Kerviel worked, will be leaving the French bank after financial regulators identified him as a supect in investigations for fraud.
BANKING
Bad debt halves Societe Generale's profits
French bank Societe Generale said net profit dropped 52 percent over the second quarter to 309 million euros, as bad debt provisions cancelled out a strong performance on financial markets.
BANKING - FRANCE
Societe Generale reports surprise €278m quarterly net loss
Scandal-ridden French bank Societe Generale has reported a net loss of 278 million euros in the first quarter, roughly the amount analysts had expected - albeit in net profit.
BANKING
New chairman for French Societe Generale
Frederic Oudea, 46, is the new chief executive of Societe Generale, the French bank rocked by a mammoth trading scandal last year. He was appointed a week after former chairman Daniel Bouton resigned.
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