Featured HSBC faces €31.7m penalty after EU court decision Aya El Sayed Nov 27, 2024 0 HSBC has lost its challenge against a 31.7 million euro ($33.4 million) fine imposed by the European Union (EU) for…
Africa News Afreximbank inks €113mn deal for Vista’s acquisition of Societe Generale subsidiaries in 4… Yomna Yasser and Sama Mousa Nov 11, 2023 0 The African Export–Import Bank (Afreximbank) has signed on Saturday a €113 million term sheet agreement with Vista…
News Here’s how another coronavirus epidemic affected China’s economy around 20 years ago Amwal Al Ghad English Feb 11, 2020 0 The new coronavirus — believed to have first emerged in the Chinese city of Wuhan — is often compared to SARS,…
Banks SocGen leaves the door open for further acquisitions Amwal Al Ghad English Aug 2, 2018 0 French lender Societe Generale could make further acquisitions in the coming years as part of its transformation…
Banks SocGen chief urges regulators to help strengthen Europe’s banks Amwal Al Ghad English Jul 9, 2018 0 Societe Generale’s chief said banking space in Europe should follow in the footsteps of the U.S.’s, calling on…
World European bourses end lower on earnings; SocGen down 4% Yomna Yasser Aug 2, 2017 0 European stock markets closed lower Wednesday, as investors monitored mixed earnings reports. The pan-European…
Banks SocGen posts 28% profit fall but sees growth in Africa, Russia Yomna Yasser Aug 2, 2017 0 Continued pain at Societe Generale's domestic retail division and a fall in the profitability of its global banking…
World European stocks lower as oil and bank shares are dragged down Yomna Yasser Aug 2, 2017 0 Stock markets in Europe ebbed lower on Wednesday, as energy shares pulled back alongside a drop in oil prices,…
Banks SocGen negotiating to sell 49% stake in Fortune SG Yomna Yasser Sep 8, 2016 0 Société Générale SA (GLE.FR, SCGLY) is in talks to sell its 49% stake in China-based mutual fund business Fortune…
World Europe stocks close marginally higher as banks find relief Yomna Yasser Aug 3, 2016 0 Europe’s main stock benchmark eked out a small gain on Wednesday, as a rally in bank shares offset double-digit…