The Business Times

SocGen

Banking & Finance

SocGen lifts targets after French retail rebounds sharply

SocGen has planned a higher-than-expected share buyback programme of 872 million euros, although its dividend, at 1.09 euros per share, was slightly below expectations.
Banking & Finance

SocGen doubles Q4 profit as retail unit rebounds

Societe Generale’s hiring in Japan comes after it cut hundreds of jobs at its Paris headquarters and sold units.
Banking & Finance

Societe Generale on sales hiring push in Tokyo amid bond market revival

The price tag for the sale of the units is about 900 million euros (S$1.3 billion), SocGen says.
Banking & Finance

SocGen sells private banking units in push to slim down bank

French banks including SocGen have not benefited as much from the rise in rates because of the high cost of deposits in the country.
Companies & Markets

SocGen Q1 profit slumps less than expected as investment bank surprises

A visitor arrives at the Societe Generale SA bank headquarters in the La Defense business district of Paris, France, on Wednesday, Aug. 2, 2023. SocGen reports earnings on August 3. Photographer: Nathan Laine/Bloomberg
Banking & Finance

French bank SocGen to cut about 900 jobs at Paris head office

President Vladimir Putin approved an order on Sunday to allow Rosbank to buy the Russian stakes from the French bank.
Banking & Finance

SocGen to sell stakes in Russian holdings to Potanin’s Rosbank

The potential sale of the German business comes as Barclays, the UK lender, is also seeking for a buyer for its German consumer-finance business
Banking & Finance

SocGen weighs sale of German unit in bid to boost returns

Societe Generale reported a 900 million-euro (S$1.32 billion) group net income for the three months-period ending in June, above the average analyst estimate compiled by the company of 670 million euros.
Banking & Finance

SocGen beats Q2 estimates on cost control, car leasing unit

FILE PHOTO: The logo of Societe Generale is seen on the headquarters at the financial and business district of La Defense near Paris, France, February 4, 2020. REUTERS/Benoit Tessier/File Photo GLOBAL BUSINESS WEEK AHEAD
Companies & Markets

SocGen beats estimates as bond trading offsets retail banking slump

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