Tag: $Societe Generale

SocGen shares plummet after new CEO’s strategy disappoints

Societe Generale’s shares plunged more than 9% on Monday after France’s third-biggest listed bank said it expected little if any growth in annual sales over the coming years in a keenly-awaited strategic plan from its new CEO.

SocGen reaches settlement with U.S. regulators over messaging probe

Societe Generale, France’s third-biggest listed bank, has reached a settlement with U.S. securities regulators amid a probe over the use of messaging platforms, the lender said in its first half financial report released on Thursday.

SocGen pares back Africa businesses in first move by new CEO

Societe Generale (SOGN.PA) has agreed to sell some of its businesses in Africa in a first move by the French bank’s new CEO to sharpen its use of capital.

SocGen beats estimates as bond trading offsets retail banking slump

French bank Societe Generale posted better than expected quarterly earnings on Friday after turmoil in bond and currency markets boosted its trading business.