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Stock Market & Financial Investment News

News Breaks
December 18, 2012
12:17 EDTSCGLYSociete Generale CFO Bertrand Badré to take same post at World Bank
World Bank Group President Jim Yong Kim announced the appointment of Bertrand Badré as managing director for finance and CFO. Badré is currently serving as the CFO at Société Générale (SCGLY). The appointment will be effective March 1, 2013. Reference Link
News For SCGLY From The Last 14 Days
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August 19, 2014
06:34 EDTSCGLYGoldman abandons effort to toss out $1B Gaddafi suit, Telegraph says
Goldman Sachs (GS) abandoned its effort to toss out a London court suit from the Libyan Investment Authority who alleged that the bank lost over $1B worth of funds during the final years of Muammar Gaddafi's reign as dictator, according to the Telegraph, citing comments from the LIA. The LIA sued both Goldman and Societe Generale (SCGLY) over claims that the banks' London divisions took-in exorbitant fees while losing money in derivative trades. Reference Link

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