French bank Societe Generale says it has uncovered "massive" fraud by a Paris-based trader which resulted in a loss of 4.9bn euros ($7.1bn; £3.7bn). The bank said the fraud was based on simple ...

NEW YORK - Banks led by Morgan Stanley have sold US$5.5 billion (S$7.5 ... which would have seen the banks take on a large loss on ... Bank of America, Barclays, BNP and Societe Generale ...

As illustrated in the charts, group revenues increased by 6.3% in Q2 versus last year to reach €6.7 billion. They are up by nearly 3% for the successive six months versus last year.

Societe Generale SA agreed to pay $157 million to settle a lawsuit accusing the French bank and several other banks of contributing to imprisoned Ponzi schemer Allen Stanford's estimated $7.2 ...

Societe Generale SA agreed to pay $157 million to settle a lawsuit accusing the French bank and several other banks of contributing to imprisoned Ponzi schemer Allen Stanford's estimated $7.2 billion ...

The lawsuit was filed eight months after Societe Generale agreed to pay $1.34 billion and enter a deferred prosecution agreement to settle U.S. and New York regulatory charges that it handled ...

Market yield on U.S. treasury securities at 10-year constant maturity. Updated daily. Data sourced from FRED ...

In short, his fine was reduced by 99.98% by a French civil court on Friday. Kerviel, whose actions nearly destroyed Societe Generale, was found guilty in 2010 of betting 50 billion euros of the ...

Jérôme Kerviel just caught a break. He’s the infamous rogue trader who racked up one of the biggest losses in history at the bank Societe Generale in 2008, and he just saw his 4.9 billion euro ...