SocGen

SocGen’s retail revival aids Q1 profit as trading revenue slides

Societe Generale Securities Japan has been adding veteran salespeople for interest-rate products, foreign exchange and derivatives.

Societe Generale expands Japan credit business with Santander, UBS hires

SocGen’s valuation still remains well below its book value.

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.

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.

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.

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.

SocGen Q1 profit slumps less than expected as investment bank surprises

The job losses come as SocGen CEO Slawomir Krupa seeks about US$1.8 billion in gross savings by 2026, chiming with similar moves at other global banks.

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.

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

SocGen weighs sale of German unit in bid to boost returns