Frederic Oudea

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Société Générale set aside about €1.28bn in the second quarter to cover the cost of loans going sour. Photograph: Charles Platiau/Reuters

Société Générale swung to a surprise €1.26 billion loss because of charges at its trading unit, extending a losing streak that’s set to increase press(...)

The Societe General tower located in the business district of La Defense in Nanterre on the outskirts of Paris. Photograph: Joel Saget via  Getty Images

Societe Generale posted a surprise first-quarter loss on Thursday after hiking provisions for bad loans and suffering a revenue wipeout at its equity(...)

An ATM in Valencia, Spain, displays a #StayAtHome message. Much now depends on banks’ ability to withstand coronavirus and its aftershocks. Photograph: EPA

On the day that Lehman Brothers filed for bankruptcy in September 2008, the front page of the Financial Times carried a photograph of John Thain, the (...)

Société Générale said it would not meet its 3 per cent revenue annual growth target after revenue fell 6.3 per cent in the fourth quarter. Photographer: Judith White/Bloomberg

Société Générale has cut its profitability target after the French bank was hit by a fourth-quarter market downturn, joining other European banks batt(...)

US secretary of state Mike Pompeo speaks to reporters while his plane refuels in Brussels on Wednesday. Photograph: Leah Millis/Reuters

US secretary of state Mike Pompeo said he is prepared to give Saudi Arabia more time to investigate the disappearance of journalist Jamal Khashoggi as(...)

A merger between UniCredit and SocGen has been considered by the latter on several occasions over the past 15 years. File photograph: Getty Images

Italy’s UniCredit is planning to merge with French rival Société Générale in a bold move that would mean two of Europe’s big banks join forces, leadin(...)

Frederic Oudea, CEO of Société Générale, during the presentation of the group’s 2016 results in Paris. Photograph: AFP Photo/Eric Piermont

Société Générale reported fourth-quarter profit that exceeded estimates, helped by a surprise jump in earnings from French consumer banking. The lende(...)

Frederic Oudea, chief executive of Societe Generale: the bank’s net income fell 2.4 per cent to €1.1 billion from a year earlier. Photograph: Marlene Awaad/Bloomberg

Societe Generale reported third-quarter profit that exceeded analysts’ estimates as higher revenue from trading stocks and bonds cushioned a slump at (...)

Paris is trumpeting the lifestyle it could offer to London’s high financiers in the event of a Brexit. Photograph: iStock

Paris is preparing a warm welcome for City of London bankers that it says will have to move to the continent if the UK votes to leave the EU next mon(...)

Societe Generale SA, France’s second-largest bank, named former European Central Bank board member Lorenzo Bini Smaghi chairman as it separates the post from that of chief executive officer.  (Photograph: Judith White/Bloomberg News)

Societe Generale SA, France’s second-largest bank, named former European Central Bank board member Lorenzo Bini Smaghi chairman as it separates the po(...)