Societe Generale
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European markets closed higher, but off session highs in afternoon trade on Tuesday, as worse-than-expected factory data for the euro zone dented investor sentiment.
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European shares closed higher following some better-than-expected earnings reports, and upbeat manufacturing data from German.
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Germany joins the U.S. at an historic high. France, Portugal and Japan also log good numbers as stocks continue to win in the hunt for yield.
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Severin Cabannes, deputy CEO of Societe Generale, tells CNBC the bank has planned 600-700 job cuts in the headquarters in Paris.
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Severin Cabannes, deputy CEO of Societe Generale, tells CNBC the bank decided to launch a global cost saving plan which will save 1.45 billion euros by the end of 2015.
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Societe Generale, France's No. 2 listed bank, reported a 50 percent slump in quarterly profit on Tuesday on the back of a weakening domestic economy and one-off charges.
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Pro trader Rich Ilczyszyn looks at key levels for the precious metal.
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Journalists seem to be outnumbering Cypriots standing in lines at banks in Nicosia. That's good news, right?
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There is serious damage accumulating in European banks, yet at least for today, Cyprus isn't all to blame.
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European shares finished lower Monday, after comments from the head of the Eurogroup who said a Cyprus bailout deal could be a new template for resolving euro zone banking problems.
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As economists warned of the devastating impact the bailout would have on the Cypriot economy, ordinary Cypriots attempted to come to terms with a new reality.
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European shares closed lower on Tuesday as markets await the outcome of a critical vote in Cyprus to tax bank deposits.
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European shares closed off their sessions lows on Monday, bouncing back from sharp falls in the first day of trade since a surprise bailout plan for Cyprus that includes a levy on savers was announced.
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Societe Generale's Albert Edwards once again dismissed U.S. equities as overvalued, while calling on investors to hurry if they want to find good value European stocks.
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When Venezuela announced a surprise devaluation last Friday, some big companies took hits to earnings. Could they have been better prepared?
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BNP Paribas will seek to expand in Asia and the United States as Europe shows signs of a "low growth scenario" this year, Jean-Laurent Bonnafe, chief executive of BNP Paribas, told CNBC.
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U.S. stock index futures held their gains Wednesday following a pair of economic reports, a day after the Dow and S&P 500 closed at multi-year highs.
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French bank Societe Generale has named a new chief financial officer and reshuffled its management team after swinging to a loss in the fourth quarter on the back of a weak euro zone economy and one-off charges.
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Frederic Oudea, CEO of Societe Generale, tells CNBC that the bank has restructured, re-focused and finished deleveraging with the capacity to generate revenues intact.
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