Societe Generale SA (SOGN.PA)
18 Jan 2019
Fri, Jan 18 2019
* Shares in both banks flat, investors sceptical (Recasts, adds Absa interview, context, shares, investor comment)
PARIS French bank Societe Generale warned that volatile markets would hurt its fourth quarter profit, hitting its shares and other banks which have yet to report earnings.
* SocGen shares fall, knocks down shares of rivals (Adds analysts' comments and more detail)
PARIS/BUDAPEST French bank Societe Generale has agreed to sell its bank in Serbia to Hungary's OTP Bank , as SocGen continues its retreat from parts of eastern Europe while OTP gradually increases its presence in the region.
* SocGen says sale will have negative hit on Q4 results (Adds detail and background)
PARIS, Dec 20 French bank Societe Generale said it had agreed to sell its bank in Serbia to Hungary's OTP Bank as part of a strategy to review its scope of businesses.
Dec 11 The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Tuesday:
PARIS, Dec 11 French bank Societe Generale said on Tuesday its unit CGI Finance has taken a minority stake in Reezocar, a French startup focused on the second-hand car market.
PARIS/LONDON Dec 10 Societe Generale is opening a Paris hub this month to clear derivatives in the European Union in the latest sign of euro business moving from Britain to the bloc ahead of Brexit.
PARIS, Dec 10 French bank Societe Generale is opening in Paris a department that will offer clearing services on listed derivatives and over-the-counter products ahead of Brexit.