Posts Tagged ‘Societe Generale’

Societe Generale nears payment to settle Libya bribery case

  • 3 May 2018 - 17:29
Societe Generale nears payment to settle Libya bribery case

 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 reported by Bloomberg. Bloomberg said that the settlement deals...

Societe Generale hopeful to resolve Libya investigations within weeks

  • 19 March 2018 - 11:53
Societe Generale hopeful to resolve Libya investigations within weeks

Societe Generale SA said on Monday that it hoped to resolve "within weeks" U.S. investigations into alleged Libor rigging and transactions made by the French bank involving Libyan counterparts, Reuters reported. The French bank said in a statement that dealings with the U.S. Department of...