GLE.PA - Société Générale Société anonyme

Paris - Paris Delayed price. Currency in EUR
46.085
-0.275 (-0.593%)
At close: 5:38PM CET
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Previous close46.360
Open46.360
Bid34.400 x 3900
Ask0.000 x 37000
Day's range45.915 - 46.695
52-week range40.655 - 52.260
Volume2,808,935
Avg. volume3,802,937
Market cap36.853B
Beta1.13
PE ratio (TTM)13.95
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.00 (0.00%)
Ex-dividend date2016-05-25
1y target estN/A
  • Reuters - UK Focus1 hour ago

    Oil prices drop off 3-year highs but strong demand supports

    Oil prices dropped off three-year highs on Tuesday as traders booked profits but healthy demand underpinned prices near $70 per barrel, a level not seen since the market slump in 2014. Prices have been driven up by oil production curbs in OPEC nations and Russia, and demand amid healthy economic growth.

  • Globe Newswire5 days ago

    Societe Generale: Impacts of tax items in Q4 17

    The US tax reform (Tax Cuts and Jobs Act) enacted on 22 December 2017 reduced the statutory rate of US federal corporate tax rate to 21% with immediate effect from January 2018. The short term accounting impact of this change in rate and the valuation of deferred tax assets of the US tax Group will result in a charge of USD -307 million (1) to be recorded in Q4 17. From 2018, the decrease of the federal tax rate will have a favorable impact on the profitability of Group operations in the US.

  • Globe Newswire25 days ago

    Societe Generale : Disclosure of new regulatory capital requirements as from 1st January 2018

    The European Central Bank confirmed the level of additional requirement in respect of Pillar 2 (P2R or "Pillar 2 Requirement") for Societe Generale, which will come into force as from 1st January 2018. The regulatory CET1 phased-in ratio, amounting to 11.7%(1) at end-September 2017, gives the Group comfortable room for manoeuvre to meet these new requirements. Societe Generale is one of the largest European financial services groups.

  • Reuters - UK Focus27 days ago

    Bank of England to spare EU banks from costly rules, if Brexit goes well

    LONDON, Dec (Shanghai: 600875.SS - news) 20 (Reuters) - The Bank of England, seeking to protect the City of London (LSE: CIN.L - news) 's status as a global financial hub, said it would spare European banks costly capital rules after Brexit but warned of "consequences" if negotiations with Brussels turned sour. Ahead of a tussle with Brussels, the BoE said on Wednesday keeping Britain open to foreign banks was key for economic growth at home and in the region.

  • Reuters - UK Focuslast month

    Britain's FTSE flat ahead of key UK inflation data

    UK shares were flat on Tuesday as investors await inflation figures, which some economists believe could show prices rising at their fastest rate since 2012, putting pressure on the Bank of England to ...

  • Reuters - UK Focuslast month

    MiFID II pain seen for 21% of EMEA investment banking

    LONDON, Dec (Shanghai: 600875.SS - news) 7 (IFR) - More than one-fifth of European investment bank activity is likely to be significantly hurt by new MiFID II regulations, analysts estimated in a report published on Thursday. Analysis firm Coalition said activities accounting for 20% of European banks' corporate and investment banking revenues could see a negative impact of 5%-20% from the introduction of MiFID II. Another 1% of the revenues could see a hit of more than 20%. Coalition said cash equities businesses will be the sector hardest hit by MiFID II, with revenues in that area potentially down by 15%, and some products within that sector affected even more.

  • Reuters - UK Focus2 months ago

    Global deal on bank capital rules likely -EU official

    A deal on global bank capital rules is likely next week, a senior European Commission official said on Thursday, though the compromise that will emerge will be tested for its impact on the EU's economy. The oversight body of the Basel Committee of banking supervisors meets on Dec (Shanghai: 600875.SS - news) . 7 and is expected to sign off on final elements of the Basel III package of bank capital reforms.

  • Reuters - UK Focus2 months ago

    Banks view turning branches to subsidiaries as Brexit "red line"

    Foreign banks in Britain view any attempt to make them convert their branches to subsidiaries after Brexit as a "red line" which would likely cause them to rethink their presence in the country, an industry report said on Wednesday. Deputy Governor of the Bank of England Sam Woods said earlier this year that branches of European Union banks in London might have to apply to become subsidiaries after Britain leaves, a costly exercise that involves building up capital and reserves locally. Several European banks base the bulk of their investment banking activities, such as sales and trading, in London, operating via a branch structure that relies on capital held by their parent and are mainly supervised by their home regulator.

  • Reuters - UK Focus2 months ago

    SocGen CEO sees no early moves towards EU cross-border bank deals

    Cross-border bank deals in Europe are unlikely in the short term Societe Generale Chief Executive Frederic Oudea said on Tuesday, adding that the bank's new three-year strategy would put it in a strong position for mergers when the time came. European banks have had to spend years repairing their balance sheets following the 2007-2008 global financial crisis, but now bankers and regulators have started to talk more about banking consolidation in Europe.

  • Reuters - UK Focus2 months ago

    French banks did not break rules with National Front account closures - cenbank

    French bank Societe Generale (Swiss: 519928.SW - news) and its Credit Du Nord subsidiary did not violate banking regulations in shutting down the accounts of the far-right National Front party, the Bank of France said on Tuesday. National Front chief Marine Le Pen last week accused the banks, as well as HSBC which closed her personal account, of launching a "banking fatwa" to silence her party.

  • Reuters2 months ago

    French banks did not break rules with National Front account closures - cenbank

    French bank Societe Generale and its Credit Du Nord subsidiary did not violate banking regulations in shutting down the accounts of the far-right National Front party, the Bank of France said on Tuesday. National Front chief Marine Le Pen last week accused the banks, as well as HSBC which closed her personal account, of launching a "banking fatwa" to silence her party.

  • Reuters2 months ago

    Bank of France says banks did not act wrongly in closing National Front's accounts

    The banks that closed the accounts of far-right National Front leader Marine Le Pen and her party did not act wrongly, France's central bank said on Tuesday. Le Pen last week accused two banks -- Societe Generale and HSBC -- of launching a "banking fatwa" to silence her party by closing bank accounts belonging to her and the National Front. "The closing of the National Front's accounts do not seem to reflect a poor functioning by the banks with regards to their regulatory obligations," the Bank of France said in a statement.

  • Reuters - UK Focus2 months ago

    Bank of France says banks did not act wrongly in closing National Front's accounts

    The banks that closed the accounts of far-right National Front leader Marine Le Pen and her party did not act wrongly, France's central bank said on Tuesday. Le Pen last week accused two banks -- Societe ...

  • The Wall Street Journal2 months ago

    [$$] Société Générale Plans to Cut Jobs, Bank Branches

    Société Générale said it plans to book a €400 million fourth-quarter charge as it intends to eliminate up to 900 additional jobs amid a continuing restructure of its French retail bank network.

  • SocGen to Deepen French Job Cuts, Takes $678 Million Charge
    Bloomberg2 months ago

    SocGen to Deepen French Job Cuts, Takes $678 Million Charge

    Societe Generale SA expects to book exceptional charges of about 570 million euros ($678 million) in the fourth quarter, related to tax changes and a plan to cut additional jobs in France.

  • Reuters - UK Focus2 months ago

    UK watchdog says banks agree to back Libor until 2021

    Britain's markets watchdog said banks have agreed to continue supporting Libor until an alternative interest rate benchmark is phased in after 2021. Banks were fined billions of dollars for trying to rig Libor, used as a reference price to $350 trillion in home loans to credit cards, prompting central banks to look for alternatives. The Financial Conduct Authority (FCA) said on Friday it had reached an agreement whereby all 20 banks on "panels" that submit quotes for Libor, or the London Interbank Offered Rate, would support the benchmark until the end of 2021.

  • Le Pen takes HSBC, Societe Generale to court for 'banking fatwa'
    AFP2 months ago

    Le Pen takes HSBC, Societe Generale to court for 'banking fatwa'

    French far-right politician Marine Le Pen fails to see eye-to-eye with her banks, HSBC and Societe Generale.

  • French far-right leader says party's bank shut its accounts
    Associated Press2 months ago

    French far-right leader says party's bank shut its accounts

    PARIS (AP) — Marine Le Pen, head of France's far-right National Front, said Wednesday that the party's long-time bank, Societe Generale, has closed its accounts in what she said amounts to a "banking fatwa" to suffocate the party.

  • Reuters - UK Focus2 months ago

    France's Le Pen says victim of "banking fatwa" over account closures

    PARIS/NANTERRE, Nov 22 (Reuters) - French far-right leader Marine Le Pen accused two banks on Wednesday of launching a "banking fatwa" to silence her National Front party by closing bank accounts of hers and her party's. Le Pen is smarting from defeat in this year's presidential and parliamentary elections, during which she accused French banks of being politically biased for not lending to her campaigns. "This is an attempt to suffocate an opposition party, and no democrat should accept that," Le Pen told a news conference, calling on President Emmanuel Macron and other political parties to back her National Front (FN).

  • Reuters - UK Focus2 months ago

    France's Le Pen decries "banking fatwa", says to file complaints

    French National Front party leader Marine Le Pen (Other OTC: PENC - news) on Wednesday said she was victim of a "banking fatwa" after banks moved to close her and her party's accounts. "This is an attempt to suffocate an opposition party," Le Pen told a news conference. The party says that Societe Generale (Swiss: 519928.SW - news) closed its accounts and that when the central bank ordered a subsidiary, Credit du Nord, to manage an account for her, the latter refused to process cheque and credit card payments.

  • Reuters2 months ago

    France's Le Pen decries "banking fatwa", says to file complaints

    French National Front party leader Marine Le Pen on Wednesday said she was victim of a "banking fatwa" after banks moved to close her and her party's accounts. "This is an attempt to suffocate an opposition party," Le Pen told a news conference. The party says that Societe Generale closed its accounts and that when the central bank ordered a subsidiary, Credit du Nord, to manage an account for her, the latter refused to process cheque and credit card payments.

  • Reuters - UK Focus2 months ago

    France's Le Pen slams banks over account closures

    French far-right leader Marine Le Pen (Other OTC: PENC - news) , smarting from defeat in a presidential election where she denounced banks for refusing her campaign loans, accused her bankers on Tuesday of "persecution" after they moved to close down her and her party's accounts. The 49-year-old, who is also struggling with feuding in her party after May's election loss to Emmanuel Macron, accused the head of HSBC France's retail banking business of shutting an account she had held for 25 years. HSBC did not immediately respond to calls from Reuters for comment.

  • Reuters2 months ago

    France's Le Pen slams banks over account closures

    French far-right leader Marine Le Pen, smarting from defeat in a presidential election where she denounced banks for refusing her campaign loans, accused her bankers on Tuesday of "persecution" after they moved to close down her and her party's accounts. The 49-year-old, who is also struggling with feuding in her party after May's election loss to Emmanuel Macron, accused the head of HSBC France's retail banking business of shutting an account she had held for 25 years. HSBC did not immediately respond to calls from Reuters for comment.

  • Apple Pay in first deal with major French bank
    AFP2 months ago

    Apple Pay in first deal with major French bank

    Apple has reached its first agreement with a major French bank on Apple Pay, as Societe Generale said it would offer its clients the chance to use the smartphone payment system

  • Reuters - UK Focus2 months ago

    Georgia's TBC Bank Q3 profit up 29 pct, buoyed by strong lending

    TBC Bank Group Plc, Georgia's largest retail bank, reported a 29 percent jump in third-quarter underlying net profit, buoyed by robust lending, and maintained its medium-term return-on-equity (ROE) target. TBC, which became Georgia's largest bank by loans and deposits after buying JSC Bank Republic from SocGen (Paris: FR0000130809 - news) and the European Bank for Reconstruction and Development (EBRD), said net interest margin stood at 6.2 percent compared with 8.3 percent a year earlier. The cost-to-income ratio stood at 39.8 percent, compared with 41 percent a year earlier, TBC said.

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