Société Générale

231 results about this entity

Period: 12 Oct 2006 - 03 May 2024

/retail

SocGen acquires online car buying platform Reezocar

Societe Generale has acquired Reezocar, a French online platform for buying used cars. Financial terms were not disclosed.

/retail

SocGen to close 600 branches

Societe Generale is set to close 600 branches as it combines its French retail operations with its Credit du Nord subsidiary and looks to grow its digital unit, Boursorama.

SocGen to broadcast 'Fund Alerts' to user phones

The tool provides an instantaneous view of their fund liability movements via various “customised” alerts at the following times:

/devops

Société Générale CIO: how BaaS is future-proofing banking business models

Claire Calmejane, chief innovation officer of Société Générale, tells Finextra Research that Banking-as-a-Service platforms are playing for both sides of the field with both greenfield and incumbent banks future-proofing their businesses against the evolving face of financial services.

/crypto

SocGen partners ConsenSys on CBDC experiments

Societe Generale has brought in ConsenSys to provide technology and services for its Central Bank Digital Currency (CBDC) pilot work.

Societe Generale taps Galytix to upgrade group-wide credit processes

Leading European financial services group Societe Generale has entered into an agreement with AI-powered fintech Galytix to digitalise the Societe Generale Corporate and Investment Banking group’s financial credit analysis processes.

/crypto

Sibos 2020: What percentage of cross-border payments could be made in CBDCs?

Delegates discussing central bank digital currencies (CBDCs) at Sibos 2020 agree that there is a long road ahead for global mass adoption to facilitate cross-border payments.

/payments

SocGen eases treasury management with new virtual accounts offer

Societe Generale launches a new virtual accounts offer. Targeting large European corporates, this bespoke solution makes treasury management easier through the improved identification and monitoring of payments.

/markets

FXSpotStream adds SocGen as liquidity provider

In May 2020, FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, announced Societe Generale as the 15th liquidity providing bank to join its Service.

/startups

SocGen buys French neobank for entrepreneurs Shine

Societe Generale is acquiring Shine, a French neobank for entrepreneurs, in a deal rumoured to be worth around EUR100 million.

/markets

Societe Generale Luxembourg implements big xyt execution analytics

big xyt, the independent provider of market data analytics, is pleased to announce that Societe Generale Luxembourg, the multi specialist bank, has implemented their award-winning Execution Analytics to provide sophisticated trading performance analytics to their clients, and enhance their ability to act on changing market dynamics.

/crypto

Banque de France and SocGen test digital euro

The Banque de France and Societe Generale have tested the use of a blockchain platform to settle a transaction with a central bank digital currency.

/retail

SocGen chief innovation officer on the Covid-19 response

Societe Generale is the latest bank to offer an insight into how it is coping during the Covid-19 lockdown, using technology to ensure remote workers are on top of their briefs and keeping their spirits up.

Credit Suisse and Instinet first to settle US equities on Paxos blockchain

Credit Suisse and Instinet have begun settling US securities on a bockchain-based post-trade platform supplied by Paxos.

Landesbank Baden-Württemberg conduct electronic Eurex/LCH swap trade on Wematch

Wematch, the web-based matching and negotiation platform, has hosted a EUREX/LCH Basis swap trade on its electronic trading platform, carried out between Soicete Generale and Landesbank Baden-Württemberg (LBBW).

/startups

SocGen invests in life assurance startup that offers cheaper premiums for fitness band wearers

Societe Generale has invested EUR1.1 million in a Czech online life assurance startup that offers discounts on premiums in return for a healthy lifestyle.

/markets

SocGen signs long-term deal with swaps platform Nuvo Prime

Societe Generale announces the signing of a long-term contract for the implementation of SwapScale, by leading investment banking Fintech, Nuvo Prime Ltd.

Nordea to acquire SG Finans

Nordea has entered into an agreement with Société Générale to acquire all shares in SG Finans AS (“SG Finans”) and intends to combine the business with Nordea’s pan-Nordic finance company, Nordea Finance.

SocGen releases real-time payments API for financial clients

Societe Generale is to give financial institution clients a helping hand on the road to instant payments, releasing an API for embedding in legacy back-end infrastructures to handle faster payments.

Credit Suisse and SocGen first up for Paxos Settlement Service

Post-trade blockchain startup Paxos has been given the go-ahead from the Securities and Exchange Commission to process transactions in the US equities market.