Read more Societe Generale stories on Newserhttp://www.newser.com/taggrid/26103/societe-generale.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 9:49:04 CSThttp://www.newser.com/story/57516/socgen-chief-resigns-amid-growing-outcry.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe chairman of Société Générale announced his resignation today amid growing public criticism of his performance, Reuters reports. Daniel Bouton had been scolded by Nicolas Sarkozy for his handling of the rogue trading affair that cost the bank $6.4 billion; last month the president attacked the bank for its...http://www.newser.com/story/57516/socgen-chief-resigns-amid-growing-outcry.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 29 Apr 2009 7:08:20 CDThttp://www.newser.com/story/41437/hackers-get-bank-accounts-of-sarkos-dad-ex-wife.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe same hackers who stole small amounts of money from Nicolas Sarkozy’s bank account appear to have gotten into the accounts of his father and first wife as well, the Times of London reports. They didn't steal money but rather set up phony cell-phone accounts. Police initially thought the thieves...http://www.newser.com/story/41437/hackers-get-bank-accounts-of-sarkos-dad-ex-wife.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 31 Oct 2008 15:01:25 CDThttp://www.newser.com/story/39239/banks-lead-europe-market-plunge.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFinancial stocks led sharp declines across European markets this morning after the continent's finance ministers failed to agree on a joint effort to stem the crisis. By 10 a.m. in London the FTSE was down 5.2%, with troubled banking giant HBOS plummeting 15%. In Frankfurt the Dax was...http://www.newser.com/story/39239/banks-lead-europe-market-plunge.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 06 Oct 2008 4:36:24 CDThttp://www.newser.com/story/34319/rally-goes-on-modestly.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOil prices continued to fall, spurring modest gains for the markets today, but Freddie Mac’s enormous second-quarter loss signified that the housing and credit crises are not over yet, the Wall Street Journal reports. The Dow rose 40.30 to close at 11,656.07. The Nasdaq gained 28.54,...http://www.newser.com/story/34319/rally-goes-on-modestly.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 06 Aug 2008 15:42:15 CDThttp://www.newser.com/story/25742/rogue-trader-gets-a-job.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJérôme Kerviel is working once again, despite having cost France’s Société Générale $7.68 billion in unauthorized trading. Released from prison a few weeks ago, the rogue trader is employed as an IT consultant for a French company specializing in networks and security, the Wall Street Journal reports. The gig...http://www.newser.com/story/25742/rogue-trader-gets-a-job.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 26 Apr 2008 14:37:17 CDThttp://www.newser.com/story/23295/rogue-trader-to-sue-socgen.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe rogue trader whose $7.8 billion in transactions nearly sank Société Générale has filed papers in preparation for a wrongful dismissal lawsuit, the Times of London reports. Jérôme Kerviel will claim the French bank has failed to prove he did anything wrong. He was released on bail last month...http://www.newser.com/story/23295/rogue-trader-to-sue-socgen.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 03 Apr 2008 8:49:27 CDThttp://www.newser.com/story/21880/france-frees-rogue-trader-kerviel.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJerome Kerviel, the trader accused of an $8 billion fraud that nearly brought down Societe Generale, has been freed by a Paris court after five weeks in detention, the Guardian reports. The trader, who faces charges including breach of trust and falsifying documents, will remain free while the case is...http://www.newser.com/story/21880/france-frees-rogue-trader-kerviel.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 18 Mar 2008 8:50:16 CDThttp://www.newser.com/story/21378/second-socgen-broker-held-in-kerviel-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAuthorities have taken a second Societe Generale employee into custody and conducted a search of La Defense headquarters, as the probe into unauthorized securities trading that cost the French bank $7.6 billion expands, reports Bloomberg. Police are holding a broker from a bank subsidiary, said a SocGen spokeswoman. Another...http://www.newser.com/story/21378/second-socgen-broker-held-in-kerviel-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 12 Mar 2008 10:23:50 CDT