SCGLF News and Press, Societe Generle Ord From 11/04/22

Summary Trading at P/B of 0.3, it is natural to ask if Société Générale is undervalued. Drilling down on its financial performance post-GFC, it is understandable why Societe Generale has not been trading at valuations similar to some of its global peers. Ou...

French lending giant Societe Generale's ( OTCPK:SCGLF ) cryptocurrency business, Forge, has secured registration with the Autorité des Marchés Financiers ("AMF") for digital assets custody and trading. The AMF's website indicated that SG Forge is registered to of...

Slawomir Krupa, investment banking head at Societe Generale ( OTCPK:SCGLF ), is set to become the new CEO of France's third largest bank, Reuters reported on Friday, citing a report by French daily Le Figaro . The decision will be made on Friday at a board me...

In response to increased interest from investors who want to integrate cryptocurrencies in their portfolios, French lender Societe Generale ( OTCPK:SCGLF ) has introduced new services for its asset manager clients looking to develop crypto-based funds, according to a recent rele...

Societe Generale has reported some strong quarters in FY'22, with pre-provision profits well ahead of expectations (and European bank averages), but the shares have weakened further. In addition to exiting its direct Russian operations, SocGen has seen a meaningful turnaround in resul...

In an effort to move towards cryptocurrency custody, BNP Paribas ( OTCQX:BNPQF ) ( OTCQX:BNPQY ) is partnering with Swiss cryptocurrency infrastructure firm Metaco, CoinDesk reported Tuesday, citing three people with knowledge on the matter. BNP Paribas Securities Serv...

HSBC ( NYSE: HSBC ) was said to be in advanced talks to sell its Russian arm to Expobank amid the country's war in Ukraine, two people familiar with the matter told Bloomberg on Wednesday. Expobank, which has not been sanctioned, covers retail and corporate banking wit...

Citgroup ( NYSE: C ) is in talks with several privately owned Russian companies, including Expobank and insurance firm Reso-Garantia, for the sale of its operations in Russia, the Financial Times reported Friday, citing people familiar with the matter. Rosbank, Socie...

FPE is a high-yield ETF in preferred stocks. Since inception, it has lost 10% in share price. In 7 years, the annual sum of distributions has decreased by 19%. How to manage capital decay in high yield securities. For further details see: FPE: Better Than SPFF, But S...

Societe Generale (OTCPK:SCGLF) (OTCPK:SCGLY) will use Fidelity National Information Services (NYSE:FIS) for the transformation of its derivatives and settlement technology as part of an extended agreement between the two firms. Under the pact, the investment bank and financial services group ...