Societe Generale

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Societe Generale - Total results - 9
Reserve Bank of India rate cut in February 2020 on a knife's edge, say over half of economists: Reuters poll
Business

Reserve Bank of India rate cut in February 2020 on a knife's edge, say over half of economists: Reuters poll

After slashing the repo rate by 135 basis points this year to 5.15 percent, the Reserve Bank of India cited concern about near-term inflation when it took analysts and markets by surprise and kept it unchanged last week

Societe Generale starts winter catalyst program for startups
Business

Societe Generale starts winter catalyst program for startups

Catalyst Summer 2018 is the 4th edition and it received 180 use cases and 20 cohorts.

SocGen's 10-week accelerator programme Catalyst calls out to fintech, tech startups and varsities
Business

SocGen's 10-week accelerator programme Catalyst calls out to fintech, tech startups and varsities

Catalyst will connect innovation experts and enterprise-relevant technology startups with Societe Generale's business leaders.

New EU rules seek to make too-big-to-fail banks less risky
Business

New EU rules seek to make too-big-to-fail banks less risky

The European Union's executive arm is set to present a long-awaited financial market reform meant to defuse risk-taking by the largest banks and protect taxpayers from the potential costs of rescuing them.

Six global banks to be fined by EU in rate probe
Economy

Six global banks to be fined by EU in rate probe

EU antitrust regulators are set to fine six global banks including Deutsche Bank, JPMorgan and HSBC after an investigation into the rigging of benchmark euro zone interest rates, a person familiar with the matter said on Tuesday.

RBS, Societe Generale may cut over 11,500 jobs
World

RBS, Societe Generale may cut over 11,500 jobs

The job cuts comes in the wake of the banking sector, especially investment banking activities, facing difficult times.

Moody's downgrades French banks on fund raising, liquidity concerns
Economy

Moody's downgrades French banks on fund raising, liquidity concerns

Moody's cut its ratings on the long-term debt of BNP and Credit Agicole by one notch to Aa3. Societe Generale's long-term debt was cut by one notch to A1.

 Qatar in talks for possible stake in BNP Paribas
Business

Qatar in talks for possible stake in BNP Paribas

An investment from Qatar would be positive news for French banks after months of intense selling pressure forced BNP and SocGen to announce tens of billions of euros in asset sales to free up capital.

Moody's downgrades Credit Agricole, SocGen ratings
Economy

Moody's downgrades Credit Agricole, SocGen ratings

The outlook on the long-term debt ratings was negative. Moody's anticipated that the impact of its review on the Bank Financial Strength Rating (BFSR) would be limited to a one-notch downgrade.