Societe Generale (SCGLY.PK)
23 May 2017
PARIS, May 12 ALD, the car leasing unit of French bank Societe Generale (SocGen), said on Friday it has registered its intention with the French markets regulator AMF for a flotation.
PARIS Societe Generale, JP Morgan and Credit Suisse have been appointed as global coordinators for the initial public offering of ALD Automotive, three sources familiar with the matter said.
PARIS, May 9 Societe Generale, JP Morgan and Credit Suisse have been appointed as global coordinators for the initial public offering of ALD Automotive, three sources familiar with the matter said.
(The following statement was released by the rating agency) LONDON, May 05 (Fitch) Fitch Ratings says that Societe Generale's (SG) 1Q17 results benefited from its diversified franchise, as lower loan impairment charges in international retail and corporate banking and a rebound in trading revenue from a weak 1Q16 offset continued revenue pressure in French retail banking. Results were dented by a EUR350 million provision relating to a EUR963 million settlement agreement reached with the Libyan I
PARIS Societe Generale avoided a costly and potentially embarrassing court case on Thursday by agreeing to pay nearly 1 billion euros ($1.1 billion) to settle a long-running dispute with the Libyan Investment Authority (LIA).
* SocGen reports Q1 net income down 19 pct (Releads, adds CEO comments, details, share price)
PARIS French bank Societe Generale and the Libyan Investment Authority (LIA) have signed a confidential agreement to settle a legal dispute regarding a case focused on five trades totaling $2.1 billion, executed between 2007 and 2009.
PARIS, May 4 French bank Societe Generale and the Libyan Investment Authority (LIA) have signed a confidential agreement to settle a legal dispute regarding a case focused on five trades totalling $2.1 billion, executed between 2007 and 2009.
PARIS, May 4 Societe Generale, France's second-biggest listed bank, reported a 19 percent fall in quarterly net income on Thursday after it set aside 350 million euros ($381.3 million) to cover legal bills.
LONDON The start of a trial brought by Libya's $67 billion sovereign wealth fund against Societe Generale has been adjourned until Wednesday, a spokesperson for the Libyan Investment Authority (LIA) said.
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