Société Générale

French multinational banking and financial services company

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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.

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