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United Kingdom

Societe Generale SA (SOGN.PA)

SOGN.PA on Paris Stock Exchange

25.52EUR
22 Mar 2019
Change (% chg)

€-1.05 (-3.95%)
Prev Close
€26.58
Open
€26.82
Day's High
€26.83
Day's Low
€25.43
Volume
7,110,375
Avg. Vol
4,981,615
52-wk High
€46.00
52-wk Low
€23.56

Latest Key Developments (Source: Significant Developments)

SocGen says stake in Generali not a strategic position in Italian insurer
Friday, 15 Mar 2019 

March 15 (Reuters) - Societe Generale ::SAYS STAKE IN GENERALI NOT AT ALL RELATED TO ANY STRATEGIC POSITION BY THE BANK ON GENERALI SHARES.SAYS THE FACT THAT IT CROSSED 5 PERCENT THRESHOLD ON GENERALI WAS LINKED TO HEDGING OF OPERATIONS CARRIED OUT IN THE FRAMEWORK OF MARKET ACTIVITIES.HAS CROSSED 5 PERCENT THRESHOLD ON GENERALI BOTH UPWARDS AND DOWNWARDS EARLIER IN MARCH.  Full Article

SocGen Weighs Thousands Of Job Cuts At Investment Bank - Bloomberg
Friday, 22 Feb 2019 

Feb 22 (Reuters) - :SOCGEN WEIGHS THOUSANDS OF JOB CUTS AT INVESTMENT BANK - BLOOMBERG CITING SOURCES.SOCGEN'S RESTRUCTURING PLAN COULD ALSO BRING IN PARTNER FOR CASH EQUITY - BLOOMBERG.  Full Article

Komercni Banka Q4 beats estimates, proposes higher dividend
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Komercni Banka as ::KOMERCNI BANKA SAYS PROPOSES CZK 51 PER SHARE DIVIDEND (PREVIOUS CZK 47 PER SHARE).KOMERCNI BANKA FY 2018 NET PROFIT CZK 14.8 BILLION.KOMERCNI BANKA SAYS INTENDS FOR 2019 TO PROPOSE DISTRIBUTING AS DIVIDENDS 65% OF ATTRIBUTABLE CONSOLIDATED NET PROFIT EARNED IN THE YEAR.KOMERCNI BANKA Q4 NET PROFIT CZK 3.89 BILLION VERSUS CZK 3.71 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA Q4 NET BANKING INCOME CZK 8.47 BILLION VERSUS CZK 8.29 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA EXPECTS FOR 2019 SLIGHT GROWTH IN TOTAL REVENUES DRIVEN BY NET INTEREST INCOME.KOMERCNI BANKA EXPECTS FOR 2019 FEE INCOME TO STABILISE OR MODESTLY IMPROVE.KOMERCNI BANKA EXPECTS FOR 2019 PACE OF REPORTED OPEX TO BE SIMILAR AS INFLATION, RELATIVELY FASTER GROWING PERSONNEL EXPENSES.KOMERCNI BANKA EXPECTS FOR 2019 LOANS TO GROW IN A MID- SINGLE DIGIT PACE OVERALL, UNSECURED CONSUMER LENDING POSSIBLY FASTER.KOMERCNI BANKA EXPECTS FOR 2019 HOUSING LOANS TO MAINTAIN THE PACE FROM LAST YEAR.KOMERCNI BANKA EXPECTS FOR 2019 COST OF RISK WILL BE INFLUENCED BY OVERALL MACROECONOMIC CONDITIONS, SMALLER POTENTIAL FOR RECOVERIES AND NPL SALES.KOMERCNI BANKA SAYS 2018 LENDING VOLUME GREW 4.7 PERCENT Y/Y, HOUSING LOANS 4.6 PERCENT Y/Y.  Full Article

OTP Bank completes purchase of SocGen's Bulgarian unit
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Hungary's OTP Bank says in statement posted on Budapest Stock Exchange web site::FINANCIAL TRANSACTION CLOSED ON ACQUISITION OF SOCIETE GENERALE'S BULGARIAN UNIT.EXPECTS TO FULLY INTEGRATE SOCGEN'S BULGARIAN UNIT BY 2020.  Full Article

Société Générale Insurance Buys Participation In Régaz
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - SOCIÉTÉ GÉNÉRALE INSURANCE::INFRAVIA CAPITAL PARTNERS SELLS ITS PARTICIPATION IN RÉGAZ TO SOCIÉTÉ GÉNÉRALE INSURANCE.  Full Article

Societe Generale Sells Its Stake In La Banque Postale Financement
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - SOCIETE GENERALE SA ::OPERATION IS EXPECTED TO BE COMPLETED DURING THE FIRST HALF OF 2019.TRANSACTION WILL HAVE AN IMPACT ON THE GROUP 4TH QUARTER 2018 EARNINGS OF AROUND-35 MILLION EUROS DUE TO GOODWILL IMPAIRMENT.SOCIETE GENERALE WILL CONTINUE ITS CONSUMER CREDIT BUSINESS FOR INDIVIDUALS THROUGH ITS EXISTING FACILITIES IN FRANCE AND INTERNATIONALLY..DEAL LEAD TO A REDUCTION OF APPROXIMATELY 0.6 BILLION EUROS IN THE GROUP'S RISK-WEIGHTED ASSETS .DEAL WILL LEAD TO POSITIVE IMPACT ON THE GROUP'S CET 1 RATIO OF AROUND 5 BASIS POINTS.SALE OF THE ENTIRE SOCIETE GENERALE STAKE IN LA BANQUE POSTALE FINANCEMENT.  Full Article

Hungary's OTP to buy Societe Generale Banka Srbija
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - OTP Bank Nyrt ::ANNOUNCES ACQUISITION IN SERBIA.TO ACQUIRE SOCIETE GENERALE BANKA SRBIJA.SOCIETE GENERALE BANKA SRBIJA HAS 8.4 PERCENT MARKET SHARE.TRANSACTION TO CLOSE IN COMING MONTHS PENDING REGULATORY APPROVAL.  Full Article

Komercni Banka Q3 profit beats estimates
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Komercni Banka as ::KOMERCNI BANKA SAYS 9M RECURRING NET PROFIT CZK 11.0 BILLION.KOMERCNI BANKA Q3 NET PROFIT CZK 4.20 BILLION VERSUS CZK 3.58 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA Q3 NET BANKING INCOME CZK 8.34 BILLION VERSUS CZK 7.82 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA SAYS Q3 NET INTEREST INCOME CZK 5.74 BILLION VERSUS CZK 5.49 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA SAYS Q3 COST OF RISK CZK 258 MILLION VERSUS CZK 12 MILLION SEEN IN REUTERS POLL.KOMERCNI BANKA SAYS 9M VOLUME OF LOANS UP 3.8 PERCENT.KOMERCNI BANKA SAYS Q3 PROFIT FROM FINANCIAL OPERATIONS UP 35.6 PERCENT Q/Q, BOOSTED BY EXTRAORDINARY LARGE CLIENT HEDGING DEALS.  Full Article

Cbre Global Investors And Fabrica Sgr Say They Have Bought Paris Property Block From Société Générale
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Societe Generale /CBRE::CBRE GLOBAL INVESTORS AND FABRICA SGR SAY THEY HAVE BOUGHT PARIS PROPERTY BLOCK FROM SOCIÉTÉ GÉNÉRALE.BOUGHT OFFICE BUILDING LOCATED AT 132 RUE DE REAUMUR, PARIS.  Full Article

ALD Issues Inaugural Positive Impact Bond
Friday, 5 Oct 2018 

Oct 5 (Reuters) - ALD SA ::ISSUED AN INAUGURAL POSITIVE IMPACT BOND, A EUR 500M 4-YEARS FIXED-RATE SENIOR NOTE.PROCEEDS OF THE BOND WILL BE EXCLUSIVELY USED TO FINANCE OR REFINANCE ELIGIBLE VEHICLES.BOND TO FINANCE GREEN FLEET.  Full Article

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Morgan Stanley takes top spot in ranking of commodities banks

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