The new director of Societe Generale, the Franco-Polish Slawomir Krupa, on May 12, 2023 in Paris (AFP/Archives/JOEL SAGET) End of an era at Societe Generale: the general manager of the bank Frédéric Oudéa hands over Tuesday to Slawomir Krupa, officially appointed general manager in the evening, after fifteen years of turbulence. “It is obviously a…
(CercleFinance.com) – Societe Generale, the majority long-term shareholder of ALD, announces the finalization today of the acquisition of 100% of the capital of LeasePlan by its subsidiary from a consortium led by TDR Capital. The combination of the activities of ALD and LeasePlan aims to create the world leader in sustainable mobility solutions. ‘The new…
(AOF) – ALD, a subsidiary of Societe Generale, announces that it has successfully completed the acquisition of 100% of the capital of LeasePlan, one of the world’s specialists in fleet management and mobility, from a consortium led by TDR Capital, for a total amount of 4.8 billion euros, financed both in ALD shares and in…
(CercleFinance.com) – Societe Generale, the majority long-term shareholder of ALD, announces the finalization today of the acquisition of 100% of the capital of LeasePlan by its subsidiary from a consortium led by TDR Capital. The combination of the activities of ALD and LeasePlan aims to create the world leader in sustainable mobility solutions. ‘The new…
ALD, a Societe Generale subsidiary specializing in long-term vehicle leasing, announced on Monday that it had finalized the acquisition of its Dutch competitor LeasePlan, a 4.8 billion euro transaction aimed at forming a giant in the sector. In November 2022, the European Commission gave the green light to this project to acquire 100% of the…
By Jean-Baptiste Andre Published on 05/11/2023 at 2:09 p.m. After BNP and Crédit Agricole, Societe Generale will in turn go on the grill tomorrow morning. As ‘Bloomberg’ reminds us, the comparison with the previous year and with analysts’ estimates will be difficult as the lender adapts to the new…
(CercleFinance.com) – UBS reaffirms its ‘buy’ recommendation on Societe Generale with a price target raised from 35 to 36 euros, a new target which implies a potential increase of 63% for the title of the French banking establishment. Mentioning a solid performance of the group with ‘decent income and much better costs’ in the summary…
Some services are unavailable on the second weekend of May, announces SG, the new name of retail banking in France for the Socit Generale group. Unavailability on Saturday May 13 and Sunday May 14 due to the work involved in the IT migration of Crdit du Nord group customers to the SG information system. Attention…
FORGE, the division of Société Générale dedicated to digital assets, has just announced the launch of CoinVertible (EURCV), a stablecoin on the Ethereum (ETH) blockchain. This is a significant step for the bank, which once again shows its interest in the crypto-asset sector. https://cryptoast.fr/feed/ Société Générale – FORGE lance CoinVertible (EURCV), son propre stablecoin adossé…
Source: Adobe The group Societe Generale, one of the most important companies operating in the banking and financial services sector, announced the launch of a stablecoin based on Ethereum. The issuance of this stablecoin will be carried out by its branch dedicated to digital assets, Societe Generale-Forgeand this stablecoin dubbed EUR CoinVertible will be pegged…
Societe Generale was sentenced on Wednesday by the Paris Court of Appeal to pay 600,000 euros to a former employee and union representative on the grounds of discrimination suffered in his career development, AFP learned on Wednesday from his lawyer, confirming a release information. I consider it a very good victory and that we finally…
(CercleFinance.com) – Sté Générale returns to 22.5E (ex-zenith intraday of March 22) which opens up room for unopposed progression until around 24.2E (ex-zenith of 24/11/2022 and ex-zenith of 24/11/2022 and ex-zenith of low of January 19, 2023) then 24.6E (ex-medium term ascending oblique support) Copyright © 2023 CercleFinance.com. All rights reserved.The information and analyzes disseminated…
