Russia Court Puts SocGen Unit CEO in House Arrest, Lawyer Says

(The following statement was released by the rating agency) LONDON/PARIS, May 16 (Fitch) Fitch Ratings has affirmed Societe Generale's (SG) Long-term Issuer Default Rating (IDR) at 'A+' with a Negative Outlook and Short-term IDR at 'F1+'. At the ...

PARIS, May 17 (Itar-Tass) - Societe Generale (SocGen) closely monitors the development of the situation around the Russian unit Rosbank after its board chairman and senior vice-president were detained on Wednesday on suspicion of receiving a bribe.

16/05/2013 Description of share buyback program Subject to approval by the Joint General Meeting of Shareholders on May 22, 2013 This description is drawn up in accordance with articles 241-1 and 241-2 of the General Regulation of the Autorité ...

MBIA Inc. (MBI: Quote) has reportedly agreed to pay Societe Generale SA (SCGLF.PK,SCGLY.PK) $350 million to settle litigation concerning the restructuring transactions announced by the bond insurer on February 18, 2009.In a regulatory filing on ...

The head of Societe Generale's Russian unit was detained in a sting operation with cash on his desk after demanding $1.5 million from a company seeking to modify loan terms, Russian police said. Vladimir Golubkov, CEO of the French lender's OAO ...

Keywords: sg, | societe generale | julien lascar | insurers, | japan, | japan stocks | tail risks Many Asian life firms missed Japan's stock rally, but are mulling boosting exposure now with embedded downside protection, and fund houses are ...

Paris: Societe Generale chief executive Frederic Oudea's bonus rose 75 per cent last year to 1.2 million euros, even as France's No. 2 bank moved to cut costs and sell assets. The disclosure follows a rise in pay for Jean-Laurent Bonnafe, the head ...

PARIS — Societe Generale says its net profit fell 50 percent in the first quarter of the year, as it took a 1 billion-euro ($1.3 billion) loss in reevaluating its financial liabilities. The French bank said Tuesday that it brought in 364 million ...

NEW YORK Die positive Beilegung endete einen langjährige Streit mit Kreditausfallversicherungen von MBIA und deren Tochtergesellschaften, die mehrere strukturierte Kreditprodukte gedeckt haben. Im Zusammenhang mit der Beilegung werden Societe ...