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Rupee To Remain Under Pressure Despite RBI Support: Report
The rupee is likely to struggle against the dollar as slowing global growth and the Federal Reserve's interest rate stance overshadows Reserve Bank of India's intervention, Societe General suggested in a note on Friday.
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French Bank Group Ceases Activities In Russia Citing Ukraine War
French banking group Societe Generale said Monday it was ceasing activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of his country.
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Apple Pay Makes First Deal With Major French Bank, Societe Generale
A little more than a year after Apple Pay was launched in France, Societe Generale is the most important retail bank to sign on to the system for secure payments in stores, inside apps, and on the Web.
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Societe Generale, BNP Woo Funds Eyeing India With Tax Saving Gambit: Report
The banks point out to investors that routing investments through their Paris base, where they have existing structures in place, would cushion them against the impact of a sweeping revamp in Indian tax rules.
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Swiss Regulators Fine Banks For Rate-Rigging
Barclays, Citigroup, Credit Suisse, Deutsche Bank, JP Morgan, Royal Bank of Scotland (RBS), Societe Generale and UBS were hit with fines totalling 99.1 million Swiss francs.
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Ajay Devgn: Parched Isn't Just About Women, But Society in General
"This film isn't about women only, but also about the men, where both are victims. It is the societal pressure which forces men to do things apart from the mind-set," said Ajay
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Banks Warn Of Difficult Trading Conditions Around Brexit Vote
Dutch bank ING and France's Societe Generale have written to clients to warn them of difficult trading conditions in financial markets and large gaps in pricing of assets when Britain votes next week on European Union membership.
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Decision Due on Retrial for French Rogue Trader Jerome Kerviel
Investigators will decide on Friday whether French rogue trader Jerome Kerviel has the right to a retrial over his conviction for gambling away 4.9 billion euros ($5.5 billion) and almost bankrupting one of Europe's biggest banks.
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Chinese Yuan to Fall but No Big Devaluation Seen: Poll
The Chinese yuan will slide to a multi-year low in the coming 12 months based on expectations of more monetary policy easing, continued outflows of capital and further pressure from a relatively strong dollar, according to a Reuters poll.
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France's Societe Generale to Shut India Equities Research Desk
Societe Generale, France's second-biggest bank by market value, will shut its equities research desk in India as part of the bank's internal reorganisation, a spokeswoman said on Thursday.
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Italy to Get Cash Boost with PM Matteo Renzi's Giveaway Budget
Buoyed by a major breakthrough in his wide-ranging reform programme, Italian Prime Minister Matteo Renzi today unveils an expansionary 2016 budget designed as a shot in the arm for a still-sickly economy.
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Brent at 4-1/2 Month High; US Crude Up for 6th Week
Oil prices diverged on Friday, with Brent hitting 4-1/2 month highs on continued fighting in Yemen while US crude fell on concerns of another upcoming stock build, though both benchmarks headed towards weekly gains.
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Three French Banks Refuse to Fund Adani Project in Australia
The three banks - BNP Paribas, Credit Agricole and Societe General - said they will not be involved in proposed mines for the coal-rich Galilee Basin region of Queensland.
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Euro Slips to 11-Year Low as Greece Set to Reject Austerity
The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders.
-
European Shares Flat as France, Germany Eke Out Growth
European stocks were flat on Friday after gross domestic product numbers showed both France and Germany grew marginally in the third quarter, while the dollar rose further against the yen on expectations of a snap election in Japan.
-
Rupee To Remain Under Pressure Despite RBI Support: Report
The rupee is likely to struggle against the dollar as slowing global growth and the Federal Reserve's interest rate stance overshadows Reserve Bank of India's intervention, Societe General suggested in a note on Friday.
-
French Bank Group Ceases Activities In Russia Citing Ukraine War
French banking group Societe Generale said Monday it was ceasing activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of his country.
-
Apple Pay Makes First Deal With Major French Bank, Societe Generale
A little more than a year after Apple Pay was launched in France, Societe Generale is the most important retail bank to sign on to the system for secure payments in stores, inside apps, and on the Web.
-
Societe Generale, BNP Woo Funds Eyeing India With Tax Saving Gambit: Report
The banks point out to investors that routing investments through their Paris base, where they have existing structures in place, would cushion them against the impact of a sweeping revamp in Indian tax rules.
-
Swiss Regulators Fine Banks For Rate-Rigging
Barclays, Citigroup, Credit Suisse, Deutsche Bank, JP Morgan, Royal Bank of Scotland (RBS), Societe Generale and UBS were hit with fines totalling 99.1 million Swiss francs.
-
Ajay Devgn: Parched Isn't Just About Women, But Society in General
"This film isn't about women only, but also about the men, where both are victims. It is the societal pressure which forces men to do things apart from the mind-set," said Ajay
-
Banks Warn Of Difficult Trading Conditions Around Brexit Vote
Dutch bank ING and France's Societe Generale have written to clients to warn them of difficult trading conditions in financial markets and large gaps in pricing of assets when Britain votes next week on European Union membership.
-
Decision Due on Retrial for French Rogue Trader Jerome Kerviel
Investigators will decide on Friday whether French rogue trader Jerome Kerviel has the right to a retrial over his conviction for gambling away 4.9 billion euros ($5.5 billion) and almost bankrupting one of Europe's biggest banks.
-
Chinese Yuan to Fall but No Big Devaluation Seen: Poll
The Chinese yuan will slide to a multi-year low in the coming 12 months based on expectations of more monetary policy easing, continued outflows of capital and further pressure from a relatively strong dollar, according to a Reuters poll.
-
France's Societe Generale to Shut India Equities Research Desk
Societe Generale, France's second-biggest bank by market value, will shut its equities research desk in India as part of the bank's internal reorganisation, a spokeswoman said on Thursday.
-
Italy to Get Cash Boost with PM Matteo Renzi's Giveaway Budget
Buoyed by a major breakthrough in his wide-ranging reform programme, Italian Prime Minister Matteo Renzi today unveils an expansionary 2016 budget designed as a shot in the arm for a still-sickly economy.
-
Brent at 4-1/2 Month High; US Crude Up for 6th Week
Oil prices diverged on Friday, with Brent hitting 4-1/2 month highs on continued fighting in Yemen while US crude fell on concerns of another upcoming stock build, though both benchmarks headed towards weekly gains.
-
Three French Banks Refuse to Fund Adani Project in Australia
The three banks - BNP Paribas, Credit Agricole and Societe General - said they will not be involved in proposed mines for the coal-rich Galilee Basin region of Queensland.
-
Euro Slips to 11-Year Low as Greece Set to Reject Austerity
The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders.
-
European Shares Flat as France, Germany Eke Out Growth
European stocks were flat on Friday after gross domestic product numbers showed both France and Germany grew marginally in the third quarter, while the dollar rose further against the yen on expectations of a snap election in Japan.
