Société Générale

236 results about this entity

Period: 12 Oct 2006 - 27 Nov 2024

Kerviel jailed for forgery, unauthorised computer use

Jerome Kerviel has been found guilty of forgery, breach of trust and unauthorised computer use by a Paris court in relation to 2008's EUR4.9 billion rogue trading loss at Société Général.

French banks fined EUR345m for cheque fee price fixing

France's competition watchdog has fined 11 banks a total of EUR344.9 million for colluding to charge customers "unjustified" interbank fees during the switch-over to a new digital cheque processing system.

SocGen hit with FSA fine for transaction reporting failures

Société Générale has been fined £1.575 million by the UK's Financial Services Authority (FSA) for failing to hand over accurate transaction reports.

SocGen live with MetricStream for compliance risk programme

French banking giant Societe Generale has gone live with compliance risk assessment and management technology from MetricStream.

SocGen targets Africa for m-payments roll-out

Societe Generale has launched a mobile money transfer and bill payment service in Senegal that is open to anyone with a handset, whether or not they have a bank account and regardless of their network operator.

SunGard trades up for the World Cup; SocGen develops Football 2010 basket index

As the World Cup kicks off in South Africa, Sungard is inviting financial industry professionals to participate in a live auction, buying and selling teams as the competition progresses.

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.