French police have identified the man arrested for shooting a newspaper assistant photographer and carrying out three other attacks.
Societe Generale SA
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Sunday 08 June 2008
Thursday 05 June 2008
Crédit Agricole, one of France's largest banking groups, will this week launch a discounted rights issue to raise €5.9bn (£4.66bn), as it becomes the latest European bank to turn to its shareholders for cash, following the onset of the credit crunch.
Wednesday 04 June 2008
The next wave of trading platforms designed to poach market share from the London Stock Exchange will go live in three months.
Sunday 25 May 2008
Friday 02 May 2008
Police are investigating an alleged €90m (£70m) attempted fraud by a London-based member of staff at HSBC, Britain's biggest bank.
Wednesday 12 March 2008
The UK financial watchdog has warned banks to tighten their controls and introduce a trading-floor culture that protects against rogue traders in the wake of the €4.9bn losses at Société Générale sparked by Jérôme Kerviel.
Friday 07 March 2008
Lehman Brothers, the Amer-ican investment bank, has suspended two equity trad-ers in London after its internal controls showed up issues related to share valuations.
Thursday 06 March 2008
Crédit Agricole has ruled itself out of "significant acquisitions" after the credit crunch sent it slumping to its first quarterly loss since listing in 2001. The French bank did not close the door completely on a move for Société Générale, however, saying it would "not remain indifferent" should the beleaguered group be approached by a rival.
Friday 29 February 2008
MF Global, the commodities broker spun off from the UK's Man Group last year, has sacked a rogue trader whose unauthorised dealing in the wheat market cost the group $141.5m.
Friday 22 February 2008
The beleaguered French bank Société Générale slumped to record losses in the fourth quarter, as it suffered the worst rogue trading scandal in history and the ongoing effect of the credit crunch.
Thursday 21 February 2008
The market fears the issues surrounding the complex financial products which led Credit Suisse to suspend traders and nurse millions of dollars in losses this week, could spark a wave of similar writedowns in the banking sector.
Tuesday 12 February 2008
Société Générale, the bank at the centre of the biggest rogue trading scandal in history, has been forced to offer investors a heavier than expected discount to make sure its €5.5bn (£4.1bn) rescue fund raising completes without a hitch.
Tuesday 05 February 2008
The alleged rogue trader, Jérôme Kerviel, sought far and wide by the world's media, appeared briefly in public today for the first time since he was accused of losing nearly €5bn (£3.7bn) two weeks ago.
Sunday 03 February 2008
Banks across the City of London have launched urgent reviews of their security procedures in the wake of the Société Générale scandal.
Sunday 03 February 2008
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