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Published time: 25 Aug, 2017 14:31 Two former managers at the French bank Societe Generale have been accused of participating in a scheme to manipulate the global US dollar Libor benchmark interest rate. Read more According to the US Justice Department, Danielle Sindzingre and Muriel Bescond allegedly used their positions at the bank’s offices in […]
Published time: 4 May, 2017 14:46 French bank Societe Generale reported a 19 percent fall in quarterly net income on Thursday, following its agreement to pay €963 million ($ 1.1 billion) to the Libyan Investment Authority (LIA) over alleged bribery. Net income fell to €747 million ($ 817 million) from the previous year’s €924 million […]
