This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. As U.S. military personnel prepare for possible action…
French rogue trader launches appeal, blames bank (via AFP) Now The Balance Begins To ShiftLEE ADLER 1 – LIQUIDITY TRADER- MONEY TRENDS JUNE 23, 2021The balance between…
Ina Drew, the chief investment officer at J.P. Morgan Chase & Co., is out. And now everything is fine. The bank won’t be taking anymore…
BloombergSocGen's fixed-income surge fails to quell doubtsCNBC.comPARIS (Reuters) – French bank Societe Generale failed to convince investors a surprise surge in first-quarter bond, currency and commodities trading revenue was not a one-off. Like E…
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AFPSocGen's booming fixed income brightens first-quarter profit hitCNBC.comPARIS (Reuters) – French bank Societe Generale posted a surprise surge in first-quarter bond, currency and commodities revenue on Thursday, boosting confidence in its busine…
New York TimesSocGen Profit Hit by Restructuring PlanWall Street JournalBy NOÉMIE BISSERBE PARIS—Société Générale SA said Thursday that first-quarter net profit fell 20%, hit by lower income from its investment bank and losses on asset sales as …
New York TimesSocGen first-quarter fixed-income surge offset by chargesCNBC.comPARIS (Reuters) – French bank Societe Generale reported a 20.1 percent drop in quarterly net profit, as the cost of selling assets in a weak economy and other one-off charge…
Albert Edwards is the Societe Generale strategist who has a penchant for being bearish. He was even featured by The New York Times as a permabear.
You may disagree with him, but we at Business Insider can’t help but at least be entertained by his li…
December 9, 2011
Moody’s Downgrades Top French Banks
By LIZ ALDERMAN
PARIS — In another sign of how Europe’s debt crisis is rippling through the banking system, Moody’s Investors Service on Friday downgraded the three largest banks in Fra…
