Topic: Societe Generale SA

PARIS and , Sept. 2 /PRNewswire/ -- Merchants Leasing is proud to announce the acquisition of ALD Automotive USA, the North American arm of ALD ...
News, details on corporate bond issues in the European markets on Friday:. . . . UBI BANCA (UBI. MI: Quote, Profile, Research). . Mandate: plans a...
The High Court has suspended an order requiring transporters to install an electronic cargo tracking system on their vehicles.. . The Kenya Revenue...
By Shelley Smith and Tom Kohn . . Sept. 2 (Bloomberg) -- Societe Generale SA's Lyxor Asset Management SA unit, which oversees $100 billion, is ...
The U.K. Financial Services Authority said Wednesday that it has fined the London branch of Societe Generale SA (GLE. FR) GBP1.58 million for...

SocGen says recovery fragile, Q2 beats forecasts

PARIS (Reuters) - French bank Societe Generale warned the economic recovery was still fragile, with moderate growth prospects in Europe, after it beat forecasts with an almost fourfold leap in second-quarter net profit.The bank, which last month easily p
European equities sank Wednesday, despite upbeat earnings from banking groups Lloyds, Societe Generale and Standard Chartered, as investors focused on poor US data that sparked concern about the recovery.London's FTSE 100 index of leading shares dived 1.0

SocGen net profit triples

Societe Generale more than triples second quarter net profitFrench bank Societe Generale SA said Wednesday that net profit in the second quarter more than tripled after higher earnings at its French retail banking business offset a decline in investment b
French bank Societe Generale on Wednesday posted second-quarter net profits that were more than triple last year and higher than expected at 1.084 billion euros (1.432 billion dollars).The figure was much higher than the 777 million euros forecast by ...

The Gnomes of Basel

And now for a post on the world's most boring topic: Basel III. This, you might recall, refers to the ongoing talks to update the Basel II Accord...