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Societe Generale

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  • Bumper European bank earnings boost stocks Thursday, 1 Aug 2013 | 4:58 AM ET
    Canary Wharf, London

    Some of Europe's largest banks reported better-than-expected earnings on Thursday, despite difficult trading conditions in the region, as a big week for bank results nears its end.

  • Societe Generale profit more than doubles Thursday, 1 Aug 2013 | 3:10 AM ET

    Frédéric Oudéa, chief executive of Societe Generale (SocGen) said he was happy with the bank's business performance after the French banking group reported second quarter net profit of 955 million euros ($1.26 billion), above a Reuters consensus of 703 million euros.

  • Frederic Oudea, CEO of Societe Generale, tells CNBC that overall the market may remain very accommodative and there are a series of projects which are delivering results.

  • Soc Gen CEO: We're ticking the boxes  Thursday, 1 Aug 2013 | 1:00 AM ET

    Frederic Oudea, CEO of Societe Generale, tells CNBC that they are ticking all of the boxes in terms of Basel III.

  • The OPEC of potash sends fertilizer stocks reeling Tuesday, 30 Jul 2013 | 10:04 AM ET

    The world's largest potash consortium is in jeopardy after Russian company Uralkali backed out of a venture with its partner in Belarus. This is spilling over into fertilizer stocks.

  • The big macro-palooza: US jobs, growth and the Fed Monday, 29 Jul 2013 | 10:12 AM ET

    This is a big week for macro news: a Federal Reserve meeting, an advance look at second-quarter U.S. growth, and July's nonfarm payroll report. But the bigger story may be the weakness of the U.S. dollar.

  • Like REM, commodity pros ‘feel fine’ about QE end Wednesday, 17 Jul 2013 | 1:44 AM ET
    Federal Reserve Board Chairman Ben Bernanke.

    June's wash-out in commodity markets – sparked by fears of that the Federal Reserve may scale back stimulus earlier than thought – has largely ran its course.

  • Europe Shares Close Higher But Off Peaks Tuesday, 4 Jun 2013 | 11:54 AM ET

    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.

  • Club Med in Grecolimano, Greece

    Club Mediterranee's top shareholders said on Monday they plan to offer to buy the holiday group alongside the company's management.

  • SocGen Russia CEO Faces 7 Years on Bribery Charges Thursday, 16 May 2013 | 9:38 AM ET

    The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.

  • CEO of SocGen Russia Detained Over Suspected Bribe Wednesday, 15 May 2013 | 6:13 AM ET

    The chief executive of French bank Societe Generale's Russian unit, Rosbank, has been detained on suspicion of receiving illegal payments, Russia's Interior Ministry said on Wednesday.

  • Europe Closes Higher; DAX Hits Record Tuesday, 7 May 2013 | 10:56 AM ET

    European shares closed higher following some better-than-expected earnings reports, and upbeat manufacturing data from German.

  • US Hits an Historic High and the World Joins In Tuesday, 7 May 2013 | 9:33 AM ET
    A financial trader uses a telephone as he monitors data on his computer screens in front of a display of the DAX Index curve at the Frankfurt Stock Exchange.

    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.

  • Soc Gen: No Forced Job Cuts in Current Plan  Tuesday, 7 May 2013 | 1:49 AM ET

    Severin Cabannes, deputy CEO of Societe Generale, tells CNBC the bank has planned 600-700 job cuts in the headquarters in Paris.

  • Soc Gen Dep CEO Outlines Bank's Strategy  Tuesday, 7 May 2013 | 1:03 AM ET

    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.

  • SocGen Profit Halved, Eyes New Cost Savings Tuesday, 7 May 2013 | 1:02 AM ET

    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.

  • True Floor for Gold? How About $1,200? Thursday, 25 Apr 2013 | 3:53 PM ET
    Sergio Alexander

    Why $1,200 is the floor for gold, according to one expert.

  • What Could Send Gold Into a 'Major Tailspin' Wednesday, 3 Apr 2013 | 11:02 AM ET

    Pro trader Rich Ilczyszyn looks at key levels for the precious metal.

  • Is the 'Gold Era' Over? Tuesday, 2 Apr 2013 | 11:50 AM ET

    Vote now in our poll!

  • All's Well on the Western European Front? Not Exactly. Thursday, 28 Mar 2013 | 12:42 PM ET
    Pier Luigi Bersani, leader of Italy's Democratic Party

    Journalists seem to be outnumbering Cypriots standing in lines at banks in Nicosia. That's good news, right?