All the updated news related to societe generale

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Major investors urge big European banks to stop financing fossil fuels

A group of investors with combined assets of more than 1.5 trillion US dollars (£1.23 trillion) have written to five of Europe’s biggest banks, including Barclays, urging them to stop lending to fossil fuel firms. Responsible investment group ...

10 Feb 2023 at 11:42

City

Banking crisis fears intensify as shares in top lenders plunge

Shares in top European banks have plunged as concerns over weaknesses in the global banking sector intensify, prompting fears of another “2008-style” financial crisis. The sell-off of banking stocks took a turn for the worse on Wednesday, ...

15 Mar 2023 at 14:11

City

FTSE 100 slumps to lowest level this year as bank stock sell-off worsens

London’s FTSE 100 has slumped to its lowest levels this year as banking shares plunged amid resurging fears over the health of the global financial system. The sharp sell-off came ahead of Chancellor Jeremy Hunt delivering his Spring ...

15 Mar 2023 at 12:16

City

Societe Generale offloads UK and Swiss private banking arms for £770m

French banking giant Societe Generale has struck a deal to sell its UK and Swiss private banking arms in a deal worth around 900 million euros (£770 million). The Paris-based bank said it wants to slim down to become more ...

05 Aug 2024 at 08:01

Big banks urged to step up on sustainable finance in 2025

Europe’s 20 largest banks – including Barclays, Lloyds, Santander, HSBC and NatWest – are being urged to step up efforts on sustainable finance as the year comes to a close. ShareAction, which campaigns for responsible ...

17 Dec 2024 at 10:00

City

London’s stocks have worst day since start of Covid as banking crisis fears grow

Fears that the economy might be on the edge of another “2008-style crisis” caused shares in top European banks to plunge and dragged London’s FTSE 100 down to its lowest level this year. Jitters spread through global ...

15 Mar 2023 at 17:16

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