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Societe Generale

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  • 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?

  • Pier Luigi Bersani

    There is serious damage accumulating in European banks, yet at least for today, Cyprus isn't all to blame.

  • 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.

  • ‘We Feel Like Crying’: Cypriots Lament Bailout Monday, 25 Mar 2013 | 9:47 AM ET
    A demonstrator outside the Cypriot parliament in Nicosia, Cyprus

    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.

  • Europe Shares Close Down Ahead of Cyprus Vote Tuesday, 19 Mar 2013 | 12:33 PM ET

    European shares closed lower on Tuesday as markets await the outcome of a critical vote in Cyprus to tax bank deposits.

  • Europe Shares Close Down; New Cyprus Deal Eyed Monday, 18 Mar 2013 | 11:33 AM ET

    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.

  • Europe Is Cheap, but Not Very Cheerful: SocGen Friday, 15 Feb 2013 | 9:29 AM ET

    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.

  • Why Venezuela's Devaluation Is Biting Thursday, 14 Feb 2013 | 1:07 PM ET

    When Venezuela announced a surprise devaluation last Friday, some big companies took hits to earnings. Could they have been better prepared?

  • BNP Paribas to Focus on Asia, US as Europe Slows Thursday, 14 Feb 2013 | 2:14 AM ET
    Jean-Laurent Bonnafe, chief executive officer of BNP Paribas

    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.

  • Futures Hold Gains After Economic Reports Wednesday, 13 Feb 2013 | 8:33 AM ET

    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.

  • SocGen Reshuffles Executive Team After Loss Wednesday, 13 Feb 2013 | 2:16 AM ET
    Frederic Oudea

    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.

  • We Will Gain Market Share in 2013: SocGen CEO   Wednesday, 13 Feb 2013 | 1:43 AM ET
    We Will Gain Market Share in 2013: SocGen CEO

    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.

  • French Lawmakers to Quiz Bank Bosses Wednesday, 30 Jan 2013 | 5:15 AM ET

    The heads of France's top three banks will face questions on Wednesday from a parliamentary committee looking into proposed reforms designed to curb risky trading and beef up regulatory oversight.

  • Steven A. Cohen, Founder and CEO of SAC Capital.

    For a man who has emerged as the Justice Department's great white whale in its insider trading investigation, Steven A. Cohen, the billionaire owner of the hedge fund SAC Capital Advisors, does not appear concerned.

  • Europe Shares Inch Up; Banks Hit by Profit Taking Wednesday, 23 Jan 2013 | 9:15 AM ET

    European shares inched higher on Wednesday, with a key index moving back towards a near two-year high hit recently.

  • Europe the 'Largest Emerging Market' in the World Wednesday, 23 Jan 2013 | 7:17 AM ET
    David Rubenstein, chief executive of global private equity firm The Carlyle Group.

    With billions of dollars' worth of distressed assets in its banks waiting to be snapped up by more intrepid investors, Europe is one of the "largest emerging markets" in the world, according to the chief executive of global private equity firm The Carlyle Group.

  • European Stocks Pare Losses to Close Flat Wednesday, 16 Jan 2013 | 10:47 AM ET

    European shares ended mostly flat on Wednesday, bouncing off intraday lows as many investors used the early dip to boost their exposure to equities.

  • Expect 2013 Hard Landing in China: Stephen Gallagher Thursday, 10 Jan 2013 | 7:37 PM ET
    What a Hard Landing in China Means

    A hard landing in China could mean a growth rate of 3 percent, Societe Generale's Stephen Gallagher says.

  • Why Global Banks Are Rushing to Unload US Debt Thursday, 10 Jan 2013 | 5:49 AM ET
    Despite Risks, Investors Just Can't Quit US Treasurys

    Banks and financial institutions are leading the pack of borrowers that have rushed to the U.S. debt markets at the start of the year. The FT reports.

  • Europe Shares Close Lower on Earnings Fears Tuesday, 8 Jan 2013 | 8:18 AM ET

    European shares surrendered their gains on Tuesday afternoon and turned slightly negative, tracking losses on Wall Street.