Société Générale Net Worth is$25.8 B
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Société Générale Latest News

Failed US Sanctions on Russia

The newest issue of Foreign Affairs continues to show a significant drop-off of professionalism in the mostly Russia-phobic essays at the flagship American magazine on international relations. Yet as low-grade as these essays may be, one of them is highly ...
Posted: January 5, 2016, 1:04 pm

THE TALE OF TWO BANKS: SOCIÉTÉ GÉNÉRALE AND BARINGS

The article describes cases of financial fraud involving rogue traders that led to bankruptcy for 200-year-old Barings Bank PLC in 1995 and huge losses for Societe Generale in 2008. The former's loss of 1 billion dollars was caused by chief trader Nick ...
Posted: February 17, 2008, 4:00 pm

Another Trader Loses Lots of Money – $7 Billion to be Exact!

How does this kind of stuff happen? Société Générale, one of the largest banks in Europe, was thrown into turmoil Thursday after it revealed that a rogue employee had executed a series of “elaborate, fictitious transactions” that cost the ...
Posted: January 23, 2008, 4:00 pm
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