Societe Generale confirms the elimination of 1,600 jobs worldwide, including around 750 in France.

Société Générale Confirms the Abolition of 1,600 Jobs, Including Approximately 750 in France

Because it wants to reduce the size of its market activities, Société Générale will cut 1,600 jobs worldwide, including around 750 in France. The Société Générale announced Tuesday, April 9, 2019 the removal of 1,600 jobs worldwide , including about 750 in France , wishing particularly trim in its market activities. In France, these job cuts that also concern the headquarters […]

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The Societe Generale Bank was blocked by 30 militants in Le Mans

Le Mans: Societe Generale Bank Blocked by Militants

Thirty activists blocked, access to Societe Generale, place de la République, at Le Mans.  Denouncing its “policy of evasion organized.” At the call of the association, Attac, thirty demonstrators at around 9am, occupied the lobby of the Societe Generale bank at place de la République, in Le Mans.  The action is supported by the protestors […]

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Window of the Societe Generale Bank in Ancenis vandalised

Panama Papers: Window of the Societe Generale Vandalized

Graffiti and window breakage: The bank Societe Generale in Ancenis was vandalized last night.  An action in reference to the case of offshore accounts of the bank. Anarchist logo and the inscription ‘Amende pour Panama Papers’, a reference to the case of its offshore ties which was disclosed with the release of the Panama Papers, that has […]

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Societe Generale said on Monday it plans to eliminate 125 jobs in France in its financing and investment banking

Societe Generale Plans to Cut 125 jobs in France

Societe Generale said on Monday it plans to eliminate 125 jobs in France in its financing and investment banking. The French Bank Societe Generale has announced earlier today, Monday, that it plans to cut 125 jobs in France in its financing and investment banking.  The bank which has higher regulatory constraints and profitability has “eroded” because […]

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Credi du Nord is set to close 10 percent of its branches

Crédit du Nord Plans to Close 10% of its Branches by 2020

In the wake of its parent Société Générale, Crédit du Nord will remove about 80 outlets by 2020, about 10% of its network, said  its CEO Philippe Aymerich In the wake of its parent Société Générale, Crédit du Nord will remove about 80 outlets by 2020, about 10% of its network, said Thursday its CEO […]

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