Société Générale

233 results about this entity

Period: 12 Oct 2006 - 19 Jun 2024

SocGen appoints new transaction banking head

Societe Generale has appointed Benoît Desserre as Global Head of Global Transaction Banking and Deputy Head of Global Transaction & Payment Services (GTPS), replacing Christian Behaghel who has decided to retire. He reports to Pascal Augé, Head of GTPS.

R3 banks use Intel distributed ledger technology for bond trading

Working under the R3 banner, a gang of eight banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology.

Co-habitation with banks key to fintech future

Successful fintech companies will be those that accept that rather than taking business away from banks their technologies will be adopted by financial institutions, says Damien Jamet, chief digital officer and chief of staff at Societe Generale Securities Services.

Société Générale sends group innovation finalists to incubater

Société Générale today announced the results of its first Group innovation challenge in Africa on the theme of “customer satisfaction”.

SocGen eyes African expansion; sinks EUR1 million in to TagPay

Societe Generale is to invest EUR1 million in French mobile payments outfit TagPay under an initiative to maintain and grow its retail consumer base in the African sub-continent.

French firms to build post-trade blockchain infrastructure for SMEs

BNP Paribas Securities Services, Euronext and Société Générale are among the members of a seven-strong consortium that has banded together to investigate the development of a post-trade blockchain infrastructure for SMEs in Europe.

Bank JV Transactis extends to wire transfers and direct debits

Transactis, the card processing joint venture created by Societe Generale and La Banque Postal, is to expand its operations to cover European and international wire transfers and direct debits.

EUR4.9bn SocGen rogue trader wins unfair dismissal case

Jerome Kerviel, the rogue trader who was jailed in 2010 after racking up EUR4.9 billion in losses for his employer Societe Generale, has won a wrongful dismissal case against the French bank, which has been ordered to pay him EUR450,000 in compensation.

ItBit poaches SocGen's Nabi to lead European blockchain business

US-based capital markets blockchain outfit itBit has hired Jason Nabi, SocGen's post-trade services lead, to head up a new London office as it seeks to expand its services in Europe, the Middle East and Africa.

Societe Generale joins Chaps Co as a Direct Participant

CHAPS Clearing Company Ltd, the UK’s same day high value payment system that processes on average £277bn daily, welcomes Societe Generale as a shareholder and Direct Participant in CHAPS with immediate effect.

TruEX completes first electronic Mexican peso swap transaction

trueEX, the fastest growing swap execution facility (SEF), has created another industry innovation with the execution of the first dealer to client Mexican peso (MXN) interest rate swaps trades on its award-winning platform.

T+0 for equities unrealistic with current tech

Eric de Nexon, Head of Strategy Market Infrastructures, Societe Generale Securities Services, discusses the challenges today of reducing settlement cycles for listed securities any further than T+2, and the potential in the future for technologies such as blockchain to make further reductions possible.