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<title>IBTimes.com RSS Feed - Societe</title>
<description>International Business News - Societe</description>
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  <title>SocGen's net profit down 84 percent in Q3</title>
  <description>French bank Societe Generale said Monday that net profit fell 84 percent in the third quarter after banking collapses and plunging assets tied to the U.S. housing market contributed to 1.2 billion euros ($1.54 billion) of write-downs and other losses.</description>
    <link>http://www.ibtimes.com/articles/20081103/socgens-net-profit-down-84-percent-in-q3.htm</link> 
  <pubDate>Mon, 03 Nov 2008 13:39:25 EST</pubDate>
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  <title>SocGen seeks probe into share price manipulation</title>
  <description>French bank Societe Generale said Monday it has asked France's market regulator to open an investigation into possible manipulation of its share price.</description>
    <link>http://www.ibtimes.com/articles/20081013/socgen-seeks-probe-into-share-price-manipulation.htm</link> 
  <pubDate>Mon, 13 Oct 2008 15:06:45 EDT</pubDate>
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  <title>SocGen seeks probe into share price manipulation</title>
  <description>French bank Societe Generale said Monday it has asked France's market regulator to open an investigation into possible manipulation of its share price.</description>
    <link>http://www.ibtimes.com/articles/20081013/socgen-seeks-probe-into-share-price-manipulation.htm</link> 
  <pubDate>Mon, 13 Oct 2008 14:04:15 EDT</pubDate>
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  <title>SocGen: 'Well-armed' to face financial crisis</title>
  <description>French bank Societe Generale SA, recovering from a multibillion-dollar trading scandal, argued Thursday that it is in a strong position to survive the current turmoil in financial markets.</description>
    <link>http://www.ibtimes.com/articles/20080925/socgen-well-armed-to-face-financial-crisis.htm</link> 
  <pubDate>Thu, 25 Sep 2008 11:14:35 EDT</pubDate>
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  <title>SocGen second-quarter net profit drops 63 percent</title>
  <description>French bank Societe Generale SA, recovering from a multibillion-dollar trading scandal, said Tuesday that net profit fell 63 percent in the second quarter after the ongoing crisis in world financial markets led to a loss in its investment banking unit.</description>
    <link>http://www.ibtimes.com/articles/20080805/socgen-second-quarter-net-profit-drops-63-percent.htm</link> 
  <pubDate>Tue, 05 Aug 2008 09:41:28 EDT</pubDate>
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  <title>SocGen second quarter net profit drops 63 percent</title>
  <description>French bank Societe Generale SA, recovering from a multibillion dollar trading scandal, said Tuesday that net profit fell 63 percent in the second quarter after the ongoing crisis in world financial markets led to a loss in its investment banking unit.</description>
    <link>http://www.ibtimes.com/articles/20080805/socgen-second-quarter-net-profit-drops-63-percent.htm</link> 
  <pubDate>Tue, 05 Aug 2008 04:13:09 EDT</pubDate>
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  <title>SocGen fined over trading scandal</title>
  <description>France's central bank announced Friday that it has fined Societe Generale $6.3 million for "serious shortcomings" in its internal controls that led to nearly $7.8 billion in trading losses announced earlier this year.</description>
    <link>http://www.ibtimes.com/articles/20080705/socgen-fined-over-trading-scandal.htm</link> 
  <pubDate>Sat, 05 Jul 2008 04:18:48 EDT</pubDate>
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  <title>SocGen fined over trading scandal</title>
  <description>France's central bank announced Friday that it has fined Societe Generale $6.3 million for "serious shortcomings" in its internal controls that led to nearly $7.8 billion in trading losses announced earlier this year.</description>
    <link>http://www.ibtimes.com/articles/20080704/socgen-fined-over-trading-scandal.htm</link> 
  <pubDate>Fri, 04 Jul 2008 17:27:33 EDT</pubDate>
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  <title>Judges probing SocGen loss host showdown</title>
  <description>French judicial officials say judges probing a massive trading loss at Societe Generale have questioned former trader Jerome Kerviel alongside a top bank executive.</description>
    <link>http://www.ibtimes.com/articles/20080625/judges-probing-socgen-loss-host-showdown.htm</link> 
  <pubDate>Wed, 25 Jun 2008 16:02:06 EDT</pubDate>
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  <title>Judges probing SocGen visit its trading floor</title>
  <description>Two French judges investigating more than $7 billion in losses at Societe Generale visited the bank&amp;#39;s trading floor Tuesday, studying the scene where Jerome Kerviel is accused of having carried out massive, unauthorized trades.</description>
    <link>http://www.ibtimes.com/articles/20080610/judges-probing-socgen-visit-its-trading-floor.htm</link> 
  <pubDate>Tue, 10 Jun 2008 09:04:25 EDT</pubDate>
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  <title>Bouton defends SocGen conduct</title>
  <description>Societe Generale SA chiefs faced boos and jeers at a shareholders meeting Tuesday while defending the French bank&amp;#39;s response to one of the world&amp;#39;s largest trading scandals, which caused a massive loss.</description>
    <link>http://www.ibtimes.com/articles/20080527/bouton-defends-socgen-conduct.htm</link> 
  <pubDate>Tue, 27 May 2008 16:44:55 EDT</pubDate>
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  <title>Societe Generale cites lax management</title>
  <description>Investigators at Societe Generale SA say they suspect former futures trader Jerome Kerviel was helped by an assistant to cover up massive trading positions that led to a multibillion dollar loss.</description>
    <link>http://www.ibtimes.com/articles/20080523/societe-generale-releasing-fraud-report.htm</link> 
  <pubDate>Fri, 23 May 2008 18:15:24 EDT</pubDate>
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  <title>Societe Generale to publish alleged fraud reports</title>
  <description>Troubled French bank Societe Generale SA will publish two reports Friday into what went wrong during a multibillion euro trading scandal uncovered in January, a bank official said.</description>
    <link>http://www.ibtimes.com/articles/20080522/societe-generale-to-publish-alleged-fraud-reports.htm</link> 
  <pubDate>Thu, 22 May 2008 15:54:00 EDT</pubDate>
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  <title>SocGen 1Q net drops on exposure to US mortgages</title>
  <description>French bank Societe Generale SA said Tuesday that write-downs linked to the crisis in financial markets led to a 23 percent decline in first-quarter profits.</description>
    <link>http://www.ibtimes.com/articles/20080513/socgen-1q-net-drops-on-exposure-to-us-mortgages.htm</link> 
  <pubDate>Tue, 13 May 2008 06:23:20 EDT</pubDate>
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  <title>Swiss exchange fines SocGen for violation of trading rules</title>
  <description>The Swiss stock exchange fined French bank Societe Generale for violating trading rules two years ago. The Zurich-based exchange _ known as SWX _ said Friday it imposed a 30,000 Swiss franc ($28,600) fine on Societe Generale for allowing four authorized traders to make transactions under other people&amp;#39;s names. A fifth person, who was not authorized to trade on the SWX, also carried out transactions, it said.</description>
    <link>http://www.ibtimes.com/articles/20080502/swiss-exchange-fines-socgen-for-violation-of-trading-rules.htm</link> 
  <pubDate>Fri, 02 May 2008 06:58:50 EDT</pubDate>
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  <title>Swiss exchange fines Societe Generale</title>
  <description>The Swiss stock exchange said Friday it has fined French bank Societe Generale for violating trading rules two years ago. The Zurich-based exchange _ known as SWX _ said it imposed a 30,000 Swiss francs ($28,600; 18,400 euros) fine on Societe Generale for allowing four authorized traders to make transactions under other people&amp;#39;s names. A fifth person, who was not authorized to trade on the SWX, also carried out transactions, it said.</description>
    <link>http://www.ibtimes.com/articles/20080502/swiss-exchange-fines-societe-generale.htm</link> 
  <pubDate>Fri, 02 May 2008 06:54:37 EDT</pubDate>
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  <title>Trader at center of $73B French bank scandal lands a new job</title>
  <description>He was tied this year to one of the largest securities scandals in history and faces charges ranging from forgery to unauthorized computer use, yet the former trader at French bank Societe Generale is gainfully employed, again.</description>
    <link>http://www.ibtimes.com/articles/20080425/trader-at-center-of-73b-french-bank-scandal-lands-a-new-job.htm</link> 
  <pubDate>Fri, 25 Apr 2008 13:18:13 EDT</pubDate>
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