News: Societe Generale (SCGLY.PK)
7 Mar 2014
Tue, Mar 4 2014
DUBAI, March 4 - Societe Generale aims to leverage its experience in structured and transport finance to grow its business in the Gulf, its regional head said.
NEW YORK - Societe Generale has agreed to pay $122 million to settle a lawsuit by a U.S. regulator accusing the bank of misleading Fannie Mae and Freddie Mac in the purchase of mortgage-backed securities.
NEW YORK, Feb 27 - Societe Generale has agreed to pay $122 million to settle a lawsuit by a U.S. regulator accusing the bank of misleading Fannie Mae and Freddie Mac in the purchase of mortgage-backed securities.
NEW YORK, Feb 27 - Societe Generale has agreed to pay $122 million to settle a lawsuit by the U.S. regulator for Fannie Mae and Freddie Mac over mortgage-backed securities.
Feb 13 - (The following statement was released by the rating agency)
PARIS - Societe Generale is to return more cash to shareholders in 2014 than last year after completing a long-running overhaul of its balance sheet. | Video
* Targets 40 pct dividend ratio, asset sales over -CEO Oudea
* French regulator says may exempt small or niche lenders
SINGAPORE/HONG KONG - Singapore's DBS Group Holdings is in advanced talks to buy Societe Generale's Asian private bank, a deal that would help boost its private banking assets by almost a third, sources familiar with the matter said.
* This would be third major transaction in Asia private banking M&A
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