Latest articles on Société Générale

Climate summit: The greening of international finance

New instruments have been developed to help mobilise financing for projects to mitigate climate change, but measuring their impact remains difficult

Gold fix study indicates a decade of manipulation

A research paper has raised the possibility that banks have been working together to manipulate the London gold fix rate.

French banks come out fighting

The exasperated chief executive of Société Générale, stood in front of investors in New York on Tuesday this week for some "straight talk".

Banks suffer under Greek default fears

Mounting fears over the possibility of a Greek debt default and signs of division within Europe's policymaking circles sent bank stocks sharply lower.

Kerviel’s rogue-trade trial gets under way

Alleged rogue trader Jerome Kerviel went on trial on Tuesday, accused of unauthorised deals that cost Société Générale €5-billion.

How rogue bankers lose billions of dollars

The admission by French bank Société Générale on Thursday that a single trader had defrauded it of €4,9-billion ($7,15-billion) is just the latest example of how a rogue operator can blow a huge chunk of a company's assets sky high. What rogue bankers have in common is that they are experts in making money.

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Latest

Court must declare Cape Town’s ‘inhuman’ demolitions, evictions illegal, says law centre

The city argues that it is not carrying out evictions, but is acting against land invasions

Back in time to meals on wheels

Cape Town’s oldest roadhouse is hoping to make a comeback during the coronavirus lockdown. Nostalgia is the biggest seller

People’s behaviour stoking Gauteng pandemic

The active case count of Gauteng surpasses that of whole countries. Workers at clinics report a ‘concerning’ relaxation of basic health protocols

Press Releases

Full-time Johannesburg-based CEO required for HI HOPES

An entrepreneurial, business-minded, impact-driven individual is sought to lead the organisation as it looks to scale and grow

Balwin properties and Absa launch South Africa’s first green home loan

Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

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