Société Générale
French multinational banking and financial services company
Follow Société Générale on Notably News to receive short updates to your email — rarely!
April 10 2025 | Société Générale named William Connelly as its next Chairman, set to take over in May 2026. |
March 2025 | Alexis Kohler, President Emmanuel Macron's chief of staff, was appointed as executive vice president of Société Générale, effective June 2025, to oversee M&A and assist CEO Slawomir Krupa. |
May 2022 | Société Générale closed the sale of Rosbank and its Russian insurance subsidiaries to Interros Capital, resulting in a net loss of around 3.2 billion euros. |
April 2022 | Société Générale became the first major financial group to exit the Russian market due to international sanctions during the Russo-Ukrainian War. |
December 2021 | Amundi finalized its acquisition of Lyxor Asset Management from Société Générale, a French investment company offering ETFs and other investment products. |
August 2020 | Société Générale reported a €1.26 billion loss in the second fiscal quarter, its weakest performance since the 2008 Kerviel Fraud, leading to planned retirements of key executives. |
November 2018 | The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced a $53,966,916.05 settlement with Société Générale S.A. for potential civil liability related to violations of U.S. sanctions, resolving an investigation into the bank's transaction processing that omitted references to sanctioned parties. |
December 2013 | The European Commission fined Société Générale nearly 446 million Euros for its role in the LIBOR scandal regarding interest rate derivatives. |
June 15 2010 | The Bank presented its Ambition SG 2015 programme to investors, aiming to 'deliver growth with lower risk' by 2015, learning from previous crises. |
This contents of the box above is based on material from the Wikipedia article Société Générale, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.