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News Breaks | | | | December 19, 2012 | | 06:55 EDT |  | SCGLY | Societe Generale loses U.K. suit against former banker, Reuters reports
The U.K. Supreme Court ruled that Societe Generale (SCGLY) fired Belgian banker Raphael Geys, its former managing director for European fixed income sales, without proper notice in 2007 and that he was entitled to extra bonus payments. The lawsuit could cost the bank up to $26M, reports Reuters. Reference Link | |
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News For SCGLY From The Last 14 Days Check below for free stories on SCGLY the last two weeks. |
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| May 15, 2013 | | 07:51 EDT | | SCGLY | Societe Generale's Russian CEO detained, Reuters reports
 Subscribe for More Information | | | May 8, 2013 | | 14:34 EDT | | SCGLY | MBIA to pay $350M to settle with Societe Generale, WSJ reports
MBIA (MBI) will pay Societe Generale (SCGLY) $350M to settle the last of its 18 bank lawsuits following the financial crisis, reports the Wall Street Journal. According to a person familiar with deal, the agreement will reduce MBIA's exposure to certain commercial mortgage-backed securities by $4.2B. Reference Link | | | 14:03 EDT |  | SCGLY | MBIA to pay $350M to settle legal dispute with Societe Generale, DJ reports
Subscribe for More Information | | | May 7, 2013 | | 08:11 EDT | | SCGLY | Societe Generale's Russian unit to cut costs, increase lending, Reuters reports
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