Societe Generale

230 results about this entity

Period: 12 Oct 2006 - 22 Jan 2025

SocGen trader charged with stealing HFT code

A former Societe Generale trader has been arrested by US authorities and charged with stealing propriety computer code used in the bank's high-frequency trading (HFT) system.

LCH.Clearnet begins CDS clearing in Paris

European clearing house LCH.Clearnet has launched a clearing service for credit default swaps with the support of four leading French dealers.

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

SocGen switches to MicroStrategy BI platform

French bank Societe Generale has selected MicroStrategy's enterprise business intelligence platform to replace its existing reporting tools.

Société Générale to centralise global IT infrastructure

In a bid to improve operational efficiency across the bank, Société Générale is centralising its IT infrastructure management into a new Global Technologies and Services (GTS) division.

German and French banks push ahead with new debit card scheme

German and French banks, including Deutsche Bank and Societe Generale, have stepped up efforts to create a new European debit card scheme to challenge MasterCard and Visa.

LCH.Clearnet looks to deal with bidding consortium

LCH.Clearnet has responded to last week's EUR830 million offer from a consortium of banks and Icap by indicating its willingness to interweave elements of the bid with its own restructuring plans. Meanwhile, the clearing house is also set to restructure its technology platform in a bid to save millions of euros a year.

Icap consortium makes EUR830m LCH.Clearnet bid - FT

A consortium of 11 banks and interdealer broker Icap has launched an EUR830 million bid for LCH.Clearnet just weeks after the Depository Trust and Clearing Corporation called off its pursuit of the London clearing house, according to the Financial Times.

SocGen launches green IT programme

Societe Generale has launched a green IT programme designed to cut the bank's CO2 emissions through the introduction of new technology.

SocGen Securities Services deploys Misys Summit FT

Société Générale Securities Services (SGSS) has gone live with Misys' Summit FT treasury system to support its asset servicing and custody services business in Paris.

Société Générale contracts with Misys for asset liability management

Société Générale is rolling out asset liability management (ALM) and funds transfer pricing (FTP) technology from UK vendor Misys across its retail banking division.

SocGen launches Alpha x Europe crossing network

Société Générale Corporate & Investment Banking (SG CIB) has launched Alpha x Europe, a crossing network which matches clients' buy and sell orders on a particular stock through an anonymous execution platform.