Societe Generale SA

French bank Societe Generale (SocGen) said on Monday it planned a net reduction of about 640 positions in France but said there would be no forced redundancies.

French bank Societe Generale <SOGN.PA> swung back to profit in the third quarter, helped by a recovery in its markets business, giving a boost to chief executive Frederic Oudea who was under pressure after sharp trading losses earlier in the year.

Frederic Oudea promised Societe Generale investors "growth with lower risk" after he became chief executive in 2008, the year a rogue trader lost billions in equity derivatives and brought the French bank close to collapse.

Societe Generale <SOGN.PA> is considering merging its two French retail networks in an attempt to boost profitability, after two consecutive quarterly losses due to poor trading results.

Societe Generale is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.

Societe Generale <SOGN.PA> is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.

A French former Societe Generale executive accused by federal prosecutors of taking part in a scheme to manipulate the global U.S. dollar Libor benchmark interest rate should be allowed to challenge the charges without coming to the United States, her attorney told a federal...

French bank Societe Generale <SOGN.PA> announced on Tuesday a wide management reshuffle in a move to reduce costs and boost synergies following two consecutive quarterly losses.

* Global markets review to impact revenue, lead to cost cuts (Updates with CEO comments during press conference)

Societe Generale reported a 1.26 billion euros ($1.5 billion) second-quarter loss, as it booked a writedown on the value of its trading business and increased provisions for loans that could turn sour because of the COVID-19 pandemic.

France's Societe Generale signed a new five-year distribution agreement with asset manager Amundi and said it would open up its retail and insurance networks to more asset managers.

Australia's corporate regulator on Wednesday said the Australian securities unit of France's Societe Generale SA (SocGen) <SOGN.PA> has pleaded guilty to charges of breaching client money provisions.

Societe Generale will adapt its business to the conditions created by the coronavirus crisis and to ensure it changes the market view on the French bank's financial path, its Chief Executive Frederic Oudea said.

France's third-biggest bank Societe Generale said on Wednesday evening it would publish first-quarter results on April 30 before market opening, instead of May 6.

France's Societe Generale said it was committed to guaranteeing the salaries of its 140,000 staff around the world during the coronavirus crisis and that it would not require any assistance from the state.

* MAKES AVAILABLE LOANS WITH THE FRENCH STATE GUARANTEE TO ITS CLIENTS

French investment bank Societe Generale SA's Australian securities arm has been charged with criminal offences for allegedly failing to separate its clients' money from its own, Australia's corporate regulator said on Wednesday.

French bank Societe Generale said on Tuesday that the company does not expect to issue any specific communication relating to the impact of the coronavirus outbreak on its results for the first quarter of the year.

France's third-biggest bank Societe Generale <SOGN.PA> is cutting more than 100 support function roles in its British business, in a cost-cutting plan that extends a broader group efficiency drive announced last year.