SocGen Board Backs Bouton After Record Trading Loss (Update4) (Bloomberg.com)

Story date: 2008-01-30 12:05:06
Added on: 2008-01-30 14:06:00

Jan. 30 (Bloomberg) -- Societe Generale SA's board backed Daniel Bouton as chairman, resisting calls for his departure while the French company seeks to replenish capital after the worst trading loss in banking history.


Read more...

Related Stories:

• PRESSURE RATCHETS UP ON SOCIETE GENERALE HEAD BOUTON (The Tocqueville Connection)

  PARIS, Jan 29, 2008 (AFP) - Societe Generale chairman Daniel Bouton was in the eye of the storm Tuesday as the French...
  2008-01-29 06:01:37

• Strategy not to blame for 'accidental' losses in Societe Generale: bank chairman (TODAYonline)

  French banking group Societe Generale Daniel Bouton gives a press conference in La Defense outside Paris. Bouton defended the bank's management in...
  2008-01-26 03:23:53

• SocGen Reports Record Loss on Trading, Writedowns (Update2) (Bloomberg.com)

  Feb. 21 (Bloomberg) -- Societe Generale SA, France's second- largest bank by market value, said unauthorized trading and subprime-related writedowns led to...
  2008-02-21 02:17:26

• Societe Generale Plans Offer to Raise EU5.5 Billion (Update6) (Bloomberg.com)

  Feb. 11 (Bloomberg) -- Societe Generale SA plans to raise 5.5 billion euros ($8 billion) by selling stock at a lower price...
  2008-02-11 08:47:27

• Societe Generale Falls on Concern About Writedowns (Update2) (Bloomberg.com)

  Jan. 23 (Bloomberg) -- Societe Generale SA fell 4.2 percent in Paris trading on speculation France's second-biggest bank by market value will...
  2008-01-23 09:32:35

• Societe Generale Tumbles on Concern About Possible Writedowns

  Bloomberg - Jan. 23 (Bloomberg) -- Societe Generale SA, France's second- biggest bank by market value, fell as much as 8.9 percent...
  2008-01-23 06:55:00

• Societe Generale Loss Shifts Davos Focus to Fraud (Update2)

  Bloomberg - Societe Generale's disclosure was a new blow to an industry already grappling with more than $130 billion of writedowns stemming...
  2008-01-25 08:40:00

• SocGen Posts $4.91 Billion 4Q Loss (Bay News 9 Tampa Bay)

  By EMMA VANDORE PARIS (AP) -- Troubled French bank Societe Generale SA said Thursday that a $7 billion trading scandal and the...
  2008-02-21 04:12:35