FTSE suffers worst day since April amid credit market jitters Banking The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets. Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time [...]
UK court rejects SocGen’s plea to move £118m row with Clifford Chance to France Legal The English Court of Appeal has rejected French bank SocGen plea to move its negligent claim against magic circle law firm Clifford Chance a French court
The Notebook: The consequences of spending, spending, spending Staggering government spending has become the norm since the pandemic, but the consequences are coming, writes Kokou Agbo Bloua.
Societe Generale offloads UK and Swiss private banking units in latest sales August 5, 2024 French bank Société Générale has struck a deal to sell its UK and Swiss wealth management businesses to Geneva-based Union Bancaire Privée for €900m (£771m) as part of efforts to offload less profitable divisions.
The Notebook: Nuclear power continues to divide, but we need to think about the future July 22, 2024 Kokou Agbo Bloua, Societe Generale’s global head of economics, takes the pen to talk nuclear, climate volatility and the economic outlook.
Profit at Societe Generale slumps 60 per cent as boss calls 2023 ‘year of transition’ February 8, 2024 Revenue from retail banking continues to be impacted by "short-term hedges" that were taken out before interest rates started rising.
