Societe Generale

Wells under renewed fire; Société Générale to slash almost 1,600 jobs


Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks.


Societe Generale fined $1.34B for violating U.S. sanctions


The French bank was hit with a billion-dollar fine after it was found to have unsafe practices that violated sanctions against Cuba and other sanctioned countries.


Bankers quietly prep for Saudi forum while their bosses pass


In public, finance industry leaders have bailed on a key Saudi Arabian investment conference next week. Behind the scenes, dealmakers bringing in the hard cash are fretting — and still going.


Rod Rosenstein signals era of big corporate penalties is ending


Deputy Attorney General Rod Rosenstein thinks some companies are overpaying for their crimes, and he wants that to stop.


SocGen is said ready to pay up to $1 billion to end U.S. probes


Societe Generale is nearing an agreement to pay as much as $1 billion to resolve two U.S. probes — into the rigging of benchmark interest rates and allegations of bribery in Libya — according to people familiar with the matter.


Mulvaney asserts control over CFPB; trouble at Wells FX unit


Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients.


Would consumers pay $13 a year for a safer debit card?


U.S. banks face a tricky calculus in deciding whether to adopt expensive technology aimed at reducing online fraud.