Societe Generale Societe Generale is one of the main European financial services company with extensive activities in others parts of the world too. It is headquartered in France with the main head office in Tours Societe Generale in the business district of La Defense west of Paris. The two main divisions are retail banking (particulaly in France and Eastern Europe) and investment banking (Derivatives, Structured Finance and Euro Capital Markets). Societe Generale is one of the oldest banks in France.

Headquarters: Paris, France Address: 29, Boulevard Haussmann 75009 Paris, France Leadership: Daniel Bouton Founded: 1864 Website: www.socgen.com

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Business and Financial News

	Citigroup will sell Citibank Privatkunden AG for $7.7bn - 06.12.2008 Banking giant Citigroup Inc. says it will sell its German retail banking operation and some of its affiliates to France's Credit Mutuel, in $7.7 billion cash deal.
	Repartition of the Global Banking System is inevitable - 05.12.2008 The financial crisis continues to storm in the global markets. This time the main victim of crisis is a banking system developed and developing countries. And experts notice, that the global banking system will undergo huge changes by 2012.
	US government puts up $300bn in Citigroup rescue - 25.11.2008 The US government pulled Citigroup back from the abyss yesterday with a comprehensive bail-out that saw taxpayers guaranteeing $306bn of risky assets and injecting $20bn of capital into the banking group.
	HSBC cuts 450 jobs in Hong Kong - 18.11.2008 HSBC was laying off 500 people in Asia, 90 percent of them in Hong Kong, in a further indication that the Asian financial community, so far relatively unscathed by mass layoffs seen on Wall Street, is being affected by the global financial crisis.