|Bid||34.400 x 3900|
|Ask||0.000 x 37000|
|Day's range||45.140 - 45.590|
|52-week range||40.655 - 52.260|
|PE ratio (TTM)||13.78|
|Earnings date||8 Feb 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||49.19|
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.
Name of issuer: Société Générale S.A. - French public limited company ("SA") with a share capital of 1,009,897,173.75 euros Registered ...
Paris, January 11 th , 2018 Impacts of tax items in Q4 17 1 - Effects of US tax reform The US tax reform ( Tax Cuts and Jobs Act ) enacted on 22 December 2017 reduced the statutory rate of US federal corporate ...
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.
Paris La Défense, 2 January 2018 Half-year statement on the liquidity agreement of SOCIETE GENERALE Under the liquidity agreement signed between Société ...
Paris, December 22 nd , 2017 Disclosure of new regulatory capital requirements as from 1 st January 2018 The European Central Bank confirmed the level of additional requirement in respect of Pillar 2 (P2R ...
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.
Allianz SE: PRESS RELEASE RELATING TO THE FILING OF THE DRAFT SIMPLIFIED TENDER OFFER FOR THE SHARES OF THE COMPANY EULER HERMES22-Dec-2017 / 07:00 CET/CESTDissemination of a French Regulatory News, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.Not for distribution in the United States, Canada, Japan, Australia, South Africa or Italia. This press release does not constitute an offer to purchase any securities. ...
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.
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 ...
Name of issuer: Société Générale S.A. - French public limited company ("SA") with a share capital of 1,009,641,917.50 euros ...
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.
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.
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.
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.
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.
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.
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.
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 ...
2020 STRATEGIC AND FINANCIAL PLAN "TRANSFORM TO GROW" Paris, 27 November 2017 Societe Generale will present tomorrow ...
Press release Acceleration of the adaptation of the French Retail Banking network: Exceptional charge in Q4 17 Paris, 27 November 2017 Societe Generale is embarking on a new phase in the adaptation of ...
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.
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.
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.