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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.

SocGen sets rights issue to repay state, make buys

Business Spectator | 49 days 12 hours 22 minutes ago

By Caroline Jacobs of Reuters PARIS - French bank Societe Generale has launched a €4.8 billion ($US7.0 billion) rights issue to repay state......

Read the complete story at Business Spectator

Web Buzz:
  • SocGen set to raise 4.8bn euros

    BBC - 49 days 17 hours 28 minutes ago

    Societe Generale plans to raise 4.8bn euros ($7bn; £4.4bn) in a share issue to enable it to repay the emergency loans it needed from the French...

 

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