 |
SocGen sees 25pc chance of Saudi FX devaluationThere is at least a 25 per cent chance of a near-term devaluation of the Saudi Arabian riyal, rising to 40 per cent should oil prices stay at current levels throughout 2016, Societe Generale said on Thursday. The Saudi riyal's More… |
 |
Qatar Shipping acquires SocGen gas carrier firmsQatar Navigation (Milaha) said on Thursday its unit Qatar Shipping Company had acquired the remaining 60 per cent interest in two firms which own Liquefied Natural Gas (LNG) carriers from France's Societe Generale. The two ent More… |
 |
SocGen faces $1.5bn Libya bribery lawsuitLibya's sovereign wealth fund has filed a $1.5 billion lawsuit against Societe Generale, accusing it of funnelling bribes worth tens of millions of dollars to associates of Saif al-Islam, the son of former Libyan leader Muammar Gaddafi. More… |
 |
SocGen mulls sale of Asia private bankSociete Generale, France's No.2 listed bank, is exploring the sale of its Asia private banking arm, people familiar with the matter told Reuters, seeking to exit a market where small managers are getting hit More… |
 |
SocGen shuns Goldman missteps with $300m sukuk planWith its plan to issue up to 1 billion Malaysian ringgit ($305 million) of Islamic bonds, Societe Generale appears to be avoiding missteps made by Goldman Sachs in an ill-fated attempt to sell sukuk two years ago More… |
 |
Oil could hit $150 if Syria war spreads: SocGenBrent crude oil is likely to rise towards $125 a barrel if the West launches air strikes against Syria and could go even higher if the conflict spills over into the rest of the Middle East, Societe Generale said on Wednesday. Mich More… |
 |
SocGen plans $300m sukuk in MalaysiaSociete Generale will launch a 1 billion ringgit ($300 million) Islamic bond programme in Malaysia, two sources familiar with the deal told Reuters, becoming the second major European bank to issue sukuk and the first to do so in Asia. More… |
 |
QNB takes over SocGen's Egyptian unitQatar National Bank (QNB) Group said it has completed the acquisition of a controlling stake of 97.12 per cent in National Société Générale Bank - Egypt (NSGB), a unit of top French lender Societe Generale. More… |
 |
QNB eyes Turkish buys after SocGen dealQatar National Bank, which is buying Societe Generale's Egypt arm for $2 billion, is looking at taking a majority stake in one of Turkey's top ten lenders, its chief financial officer said on Thursday. QNB, which bid to bu More… |
 |
Qatar gives SocGen an honourable exit from Egypt(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) Qatar has given Societe Generale an honourable exit from Egypt. State-backed Qatar National Bank will buy the French bank's 77 percent stak More… |
