SocGen says Rosbank moves to fire CEO Golubkov

Reuters

Societe Generale said on Wednesday that the board of its Russian unit, Rosbank, was moving to dismiss its chief executive, Vladimir Golubkov, who was arrested on bribery charges last week.

SocGen also said in a statement released as its annual shareholder meeting began that it had hired accounting firm Deloitte to "perform additional diligence and necessary investigations".

Continue Reading Below

(Reporting by Christian Plumb; Editing by James Regan)