Wednesday, April 7, 2010 as of 11:14 AM ET
Société Générale S.A. is a large European Bank and a major Financial Services company that has a substantial global presence.
Read More at Wikipedia ›Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances.
Greek elections are due on June 17 and could hasten the country's departure from the currency club should a government intent on ripping up the country's bailout program result. Polls suggest the outcome is too tight to call.Greece accounts for little more than two percent of the euro zone economy but could pose a profound contagion threat if it quit the currency area, throwing the spotlight on Portugal, Spain and even Italy."There is no organized discussion at the European level along the lines of: what do we do (if Greece leaves)," Belgium's Didier Reynders told the European American Press Club in Paris. "Now, if central banks and companies are not preparing for the scenario, that would be a grave professional error."Spain is in plenty of trouble even disregarding any backwas...Two of Societe Generale's commodity market managing directors are leaving the bank to launch a Paris-based hedge fund, according to statement released by the new hed...
French bank Societe Generale SA (GLE.FR) is looking to limit job cuts at its corporate and investment banking division in France, focusing the cuts on front-office s...
China's biggest four banks barely issued any new yuan loans in the first two weeks of May, extending the country's weak credit growth last month, the state-run Shang...
The Macquarie-led consortium in the process of buying German utility E.On AG's (EOAN.XE) Open Grid Europe will likely refinance a substantial amount of the debt back...
International companies trading in New York ended lower Monday, in line with the broader market, as political gridlock in Greece fueled fears that the country could ...
Lawyers for Bank of America Corp. (BAC), Societe General SA (GLE.FR, SCGLY) and MBIA Inc. (MBI) met in court Monday over the banks' challenge of insurer MBIA's 2009 ...
Lawyers for Bank of America Corp. (BAC), Societe General SA (GLE.FR, SCGLY) and MBIA Inc. (MBI) met in court Monday over the banks' challenge of insurer MBIA's 2009 ...
FBN’s Nicole Petallides breaks down the stocks moving early in the trading day.
No French banking group is in danger even in an "extreme" scenario in Greece, the Governor of the Bank of France said Monday."I know of no group that would be in dif...
Piton Guiraud-Le Maresquier Partner Olivier Piton on several rogue trading scandals involving French traders.
MBIA Inc. (MBI) swung to a first-quarter profit as losses on derivatives continued to ease, though the insurer's core results worsened as earned premiums stagnated."...
Standard Chartered PLC (STAN.LN) has pulled out of Iran after decades of having a presence, the latest bank to exit the lucrative market amid mounting international ...
LIMA, Peru -(Dow Jones)- Peru's state-owned Petroleos del Peru (PETROBC1.VL), or Petroperu, has signed a contract with Societe Generale (SCGLY, GLE.FR) to provide fi...
Export credit agencies in the U.S. and China have joined over a dozen banks to offer US$8.5 billion to an Australian joint venture planning to liquefy unconventional...
Societe Generale SA (GLE.FR) Chief Executive Frederic Oudea said Tuesday that the French bank would be able to cope with any outcome to the political impasse in Gree...
Philip Morris International Inc.(PM) priced a two-part senior unsecured bond, one of the banks running the deal said Tuesday.BNP Paribas, Citigroup, HSBC Holdings PL...
Societe Generale SA (GLE.FR) Chief Executive Frederic Oudea said Tuesday that the French bank would be able to cope with any outcome to the political impasse in Gree...
Societe Generale SA's (GLE.FR) chief executive said Tuesday there are no official data confirming a run on bank deposits in Greece.Last week, reports of massive with...
Philip Morris International Inc., (PM) has set pricing on its euro-denominated, benchmark-size, two-part senior unsecured bond, one of the banks running the deal sai...
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved.
