Topic: Societe Generale SA
SPECIAL REPORT:Divorce American style for French bank, bond star
Reuters US Online Report Top News
NEW YORK (Reuters) - Jeffrey Gundlach, the prominent U.S. bond fund investor who refers to himself as "The Godfather," was storming around his office on September 3, 2009, red-faced and fuming. He was anxious about his future at TCW Group, the Los Angeles firm where he had worked for almost ...
France's Societe Generale may exit Australia
AFP Global Edition
French bank Societe Generale on Monday said that it was considering pulling out of Australia and was in discussions with regulators regarding its banking licence. Australian branch chief executive John Harvey said no decision had yet been made but that a total exit was "clearly on the agenda", adding that ...
European stocks stable after steep losses in Asia
AFP Global Edition
European stocks held steady on Wednesday, with investors pausing after steep falls in Asia, as China moved to curb its credit boom and the US earnings season began on a weak note. Market sentiment was also hit by a profit warning from French bank Societe Generale. In late morning trade ...
Societe Generale: $2B writedown to hit Q4 profit
AP News
Societe Generale says euro1.4B in new writedowns will slash net profit in fourth quarterSociete Generale SA said Wednesday it would record about euro1.4 billion ($2 billion) in fresh asset writedowns in the fourth quarter of 2009, leaving the French bank barely in the black for the period. In ...
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