Societe Generale


  • Gunman on loose in Paris after shootings Monday, 18 Nov 2013 | 12:42 PM ET

    Police were hunting a gunman in central Paris on Monday after he opened fire at the offices of a newspaper and major bank.

  • SocGen net profit jumps but falls short of forecast Thursday, 7 Nov 2013 | 2:14 AM ET

    French banking group Societe Generale reported third quarter net profit of 534 million euros on Thursday, below expectations in a Reuters poll of 583 million euros.

  • Séverin Cabannes, deputy CEO of Société Générale, says that the company did well in a "difficult environment", after net profits missed forecasts.

  • Will the ECB cut rates on Thursday? Wednesday, 6 Nov 2013 | 7:01 PM ET

    Opinion is divided over whether the ECB will cut rates on Thursday in response to a sharp fall in inflation.

  • Aussie dollar could tumble 25% by 2016, warns SocGen Tuesday, 29 Oct 2013 | 11:34 PM ET

    A decline in commodity prices and narrowing yield spreads could see the Australian dollar fall 25 percent by 2016, according to Societe Generale.

  • Societe Generale is calling for a 15 percent correction in the stock market in Q1 in 2014. Craig Overlander, Societe Generale for the Americas CEO, and Dan Fields, Societe Generale, discuss how investors can prepare.

  • Plan for worst, expect better: Soc Gen CEO     Wednesday, 9 Oct 2013 | 3:35 PM ET

    Craig Overlander, Societe Generale for the Americas CEO, and Dan Fields, Societe Generale, discuss economic trends in the last few months and the impact of technical issues on the markets.

  • While the U.S. government shutdown and impending debt-ceiling debate has investors transfixed, they need to keep an eye on developments in Japan.

  • Shanghai's free trade zone - What's the hype about? Friday, 27 Sep 2013 | 2:32 AM ET
    An archway posted with the sign of China (Shanghai) Pilot Free Trade Zone.

    China is expected to launch the much-talked-about Shanghai free-trade zone this weekend, but what's most exciting about this economic experiment?

  • Mobile-commerce: French banks take on Paypal Tuesday, 17 Sep 2013 | 9:32 AM ET

    Three French banks have joined forces and launched an online mobile payment portal, hoping to challenge Paypal’s influence in the country.

  • SocGen CEO: Europe still needs reforms     Wednesday, 4 Sep 2013 | 11:20 AM ET

    Frederic Oudéa, CEO of Societe Generale, says that despite stabilizing, Europe still needs structural reforms.

  • Commerzbank says took hit on Detroit exposure Thursday, 8 Aug 2013 | 4:28 AM ET

    Commerzbank Chief Financial Officer Stephan Engels said the default of Detroit had dented second-quarter earnings, adding that the lender had made "adequate" provisions.

  • Europe shares close higher after upbeat data Thursday, 1 Aug 2013 | 12:04 PM ET

    European shares closed higher on Thursday as investors reacted to strong U.S. and European data, as well as rate decisions from the European Central Bank (ECB) and the Bank of England (BoE).

  • Futures hold sharp gains after jobless claims report Thursday, 1 Aug 2013 | 8:47 AM ET

    U.S. stock index futures held their sharp gains Thursday, as Wall Street cheered upbeat economic data from China and Europe and a better-than-expected jobless claims report.

  • Bumper European bank earnings boost stocks Thursday, 1 Aug 2013 | 4:58 AM ET
    Canary Wharf in one of London's main financial centres

    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.

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