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Socgen

Bank Braces For 'Collapse Of The Monetary Union'

Reuters | Posted 10.09.2012 | Business

* Commerzbank Q2 net profit misses forecasts * Says FY loan loss provision target looks increasingly ambitious * Says g...

Greek Crisis Hits France: Moody's Downgrades SocGen, Credit Agricole

AP | By SARAH DiLORENZO | Posted 11.14.2011 | Business

PARIS -- Moody's downgraded the credit ratings of French banks Societe Generale and Credit Agricole on Wednesday following a period of huge volatility...

Rogue French Trader Gets $6.7 BILLION Fine, Jail Time

AP | GREG KELLER | Posted 05.25.2011 | Business

PARIS — Ex-trader Jerome Kerviel was convicted on all counts Tuesday in history's biggest rogue trading scandal, sentenced to at least three yea...

Convicted Rogue Trader Says He's Paying For His Bank's Mistakes

AP | Posted 05.25.2011 | Business

PARIS — Ex-trader Jerome Kerviel, speaking for the first time Wednesday about his tough sentencing in history's biggest rogue trading scandal, i...

JPMorgan, Lehman, UBS Named In Muni Bid-Rigging Conspiracy

bloomberg.com | Posted 05.25.2011 | Business

JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-ma...

Goldman Sachs Nearly Bankrupted AIG

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Goldman Sachs wasn't the only contributor to the systemic risk that nearly toppled the global financial markets, but it was the key contributor to the systemic risk posed by AIG.

Goldman Sachs Responds To The New York Times

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Did Goldman Sachs dissemble and equivocate in its responses to the New York Times?

Court Frees Jailed SocGen Trader

AP | INGRID ROUSSEAU | Posted 05.25.2011 | Business

PARIS — A French court Tuesday ordered the release of a Societe Generale trader accused of causing billions in losses through rogue trades. Jer...

Who the $*ck is Jerome Kerviel?

Eben Esterhuizen | Posted 05.25.2011 | Business
Eben Esterhuizen

There is no doubt that the unwinding of Kerviel's positions contributed in a big way to Monday's dramatic slump in world stock markets.

Another SocGen Trader Taken Into Custody

AP | EMMA VANDORE | Posted 05.25.2011 | Business

PARIS — Investigators searched Societe Generale offices, confiscating records and taking another trader into custody Wednesday as they tried to ...

French Court Places Trader in Detention

AP | PIERRE-ANTOINE SOUCHARD | Posted 05.25.2011 | Business

PARIS — A Paris court sent French trader Jerome Kerviel behind bars Friday, while the investigation into billions of euros (dollars) of losses h...

French Court Places Trader in Detention

AP | PIERRE-ANTOINE SOUCHARD | Posted 05.25.2011 | Business

PARIS — A Paris court sent French trader Jerome Kerviel behind bars Friday, while the investigation into billions of euros (dollars) of losses h...

French Minister Says Controls Failed

AP | EMMANUEL GEORGES-PICOT | Posted 05.25.2011 | Business

PARIS — Controls at French banking icon Societe Generale missed or ignored suspicious activity by a trader whose dealings led to about $7 billio...

SocGen Seeks Scrapegoat For $7.1 Billion Scandal

New York Times | http://www.nytimes.com/2008/01/30/business/worldbusiness/30bank.html?ex=1359435600&en=78aa270f64137b8a&ei=5090&partner=rssuserland&emc=rss | Posted 05.25.2011 | Business

Senior politicians here increased calls for the resignation of top executives at Société Générale, ahead of the board's regular meeting, scheduled...