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The Latest Breaking News from Societe Generale

Win for banks over fugitive's 'audacious' $500m fraud

Westpac and two other banks can recoup funds taken through a $500 million fraud perpetrated by a fugitive former football club owner and his associates.

SocGen to cut 900 jobs at Paris head office

SocGen to cut 900 jobs at Paris head office

Societe Generale, a French bank, is set to reduce its workforce by around 900 positions at its Paris head office. Find out more about this restructuring.

Putin Greenlights Rosbank's Acquisition of SocGen's Russian Assets

Putin Greenlights Rosbank's Acquisition of SocGen's Russian Assets

Discover how Putin's approval of Rosbank's acquisition of Societe Generale's Russian assets is shaking up the financial landscape in a compelling twist of ...

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Landmark Climate Bill Bucks Industry Pressure as Big Oil Mocks Need to Transition

The legislation would set a precedent by requiring large companies to disclose total greenhouse gas emissions.

Factbox-Russian gold shipments to the UAE, China and Turkey

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records show.

French authorities search 5 banks in Paris in tax fraud case

French prosecutors say authorities have raided the Paris offices of five banks on suspicion of tax fraud

The Independent UK

French authorities raid banks in massive tax fraud case

Paris (AFP) - French authorities raided five banks on Tuesday as part of an investigation into suspected cases of massive tax fraud and money laundering, prosecutors said.

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Fears over banking sector grow as Credit Suisse shares plunge

Fears over banking sector grow as Credit Suisse shares plunge

Shares in the Swiss bank were halted from trading, as were Société Générale, Monte dei Paschi and UniCredit

Evening Standard

French bank Societe Generale to sell Russia unit to oligarch

French bank Societe Generale to sell Russia unit to oligarch

Paris (AFP) - French banking group Societe Generale said on Monday it was ceasing activities in Russia and selling its Rosbank unit to an investment firm founded by an oligarch close to the Kremlin.

French bank Societe Generale to exit Russia

French bank Societe Generale to exit Russia

Paris (AFP) - French banking group Societe Generale said Monday it was ceasing activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of the country.

France's Decathlon shuts Russian stores as others defy pressure

France's Decathlon shuts Russian stores as others defy pressure

Paris (AFP) - French sports retailer Decathlon said Tuesday it was suspending sales at its stores in Russia following calls to boycott the group and other French companies for keeping their operations running.

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