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Société Générale Société anonyme (SCGLY)
| Previous close | 5.46 |
| Open | 5.60 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 5.50 - 5.65 |
| 52-week range | 4.32 - 5.84 |
| Volume | |
| Avg. volume | 333,373 |
| Market cap | 22.374B |
| Beta (5Y monthly) | 1.55 |
| PE ratio (TTM) | 11.96 |
| EPS (TTM) | 0.47 |
| Earnings date | 03 May 2024 |
| Forward dividend & yield | 0.36 (6.67%) |
| Ex-dividend date | 25 May 2023 |
| 1y target est | 7.40 |
The TelegraphI demand justice for all traders, says banker sacked by SocGen for risky bets
A banker fired for making a string of risky stock market bets has called for “trader justice” as he claimed that he and his colleagues were scapegoated.
ReutersFired SocGen trader hits back at bosses for unauthorised bets
One of the Societe Generale traders let go by the French bank late last year after it uncovered a series of unauthorised bets has criticised his former bosses, saying they were at fault for failing to identify the trades. Kavish Kataria, a former vice president at SocGen in Hong Kong, said on LinkedIn on Thursday that his job had been terminated with seven days pay and his bonus for the previous year withheld despite, he claimed, making the bank more than $50 million in profit in eight months. "Instead of taking the responsibility of the lapse in their risk system and not identifying the trades at the right time they fired me and terminated my contract," he said.
ReutersSocGen Hong Kong traders left bank after unauthorised bets uncovered, source says
Two Hong Kong-based traders at Societe Generale left the French bank late last year after the group uncovered a string of unauthorised bets made through derivatives, a source close to the matter said. The bets, made via options contracts tied to Indian stock-market indices, did not exceed authorised trading amounts and led to no losses, the source said, but the traders were not authorised to carry them out. In the event of a severe market downturn, the bets could have cost SocGen significant losses, the source said.
