EPI’s Wero goes live in France
The EPI previously launched Wero in Germany in July, and will also target Belgium this year.
Societe Generale
August 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in August.
FinTech Futures: Top five news stories of the week – 9 August 2024
Our pick of the top fintech news stories this week includes NCR Voyix, CIBC, Société Générale and more.
UBP snaps up Société Générale’s UK and Swiss private banking subsidiaries in €900m deal
UBP claims the deal will boost its AUM by €26 billion to €186 billion.
June 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in June.
Société Générale sells neobank Shine to Danish fintech Ageras
Société Générale has been looking for a buyer for Shine since January.
Société Générale deploys iGTB’s Corporate Treasury eXchange solution
The French bank plans to leverage CTX’s real-time liquidity management capabilities.
Société Générale to cut 900 positions at Paris headquarters in elimination of “hierarchical layers”
The French banking group says it will action the cuts “without forced departures”.
Société Générale reportedly seeks new buyer for neobank Shine
Les Echos reports the bank is approaching potential buyers for Shine four years after acquiring the company.
Sibos 2023: Cross-border payments dominate day one of Sibos with Swift-Wise partnership announced
The new partnership comes amid a host of Swift-led panels at Sibos focused on payment innovations.
iBanFirst appoints former SocGen strategist Julien Molez as COO
Molez previously served as head of data and AI strategy for Société Générale from 2019 to 2023.
SocGen digital asset arm unveils Euro-pegged Ethereum stablecoin
The stablecoin is designed to bridge the gap between traditional capital markets and the digital asset ecosystem.
Societe Generale taps Lemonway for B2B marketplace payment services
The French bank plans to offer payment services for large corporates entering the B2B marketplace arena.
Societe Generale set to buy majority stake in PayXpert
Societe Generale aims to broaden payment offerings for European merchants through the acquisition.
Societe Generale embarks on derivatives tech transformation with FIS
Societe Generale will transition its existing derivatives IT environment to FIS Cleared Derivatives Suite.
Sibos 2021: CBDCs important to future of industry, says SocGen CEO
Speaking at Sibos 2021, Frédéric Oudéa says CBDCs “might be more efficient than, and might replace, cash”.
Société Générale to cut 3,700 jobs, combine IT systems in Credit du Nord merger
French banking group plans to have 30% of its retail products sold online by 2025.
Swift launches low-value payments service Swift Go
Payments network aims to make things easier for small businesses.
Video: fintech news pick of the week – Wise, Société Générale & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Société Générale plans transaction banking switch-up with Temenos
The French giant will deploy Temenos systems across Europe and Asia.
Société Générale revamps private banking in Europe with Azqore
SocGen’s Luxembourg, Monaco, and Swiss locations switching up their tech.
Société Générale acquires French digital sales platform Reezocar
The bank wants to expand the car sales start-up’s insurance and financing.
Société Générale to acquire French neobank Shine
The deal is thought be be around €100 million.
Société Générale launches new Banxup account for teens
The bank has also overhauled its app for adults.
Societe Generale tests digital euro with Banque de France
The bank hopes the test will pave the way for a more simplified market infrastructure.
big xyt hires SocGen’s Richard Hills
Data analytics firm snaps up electronic equities trading man.
Wematch hosts “first fully electronic” Eurex-LCH basis swap trade
The swap was piloted between Societe Generale and LBBW.
CMTI 2019: Capital markets in a “war” with disruptors
Innovators are drawing battle lines that banks need to meet, says panel.
Société Générale to offload SG Finans leasing business
French banking group puts Nordic wing up for sale.
JP Morgan and Societe Generale invest in trader fintech Wematch
Wematch is changing the way voice-traded financial markets operate.
Wematch unveils Euro IRS platform with 10 banks onboard
JP Morgan, RBC, HSBC and Societe Generale are among the initial banks.
Finastra’s Fusion LenderComm on blockchain signs up three new big banks
BNP Paribas, Natixis and Societe Generale join NatWest.
Societe Generale issues €100m of bonds for housing financing
These security tokens offer a range of advantages, says the bank.
SocGen’s trading woes amount to 1,600 staff cuts
CEO has left and trading is in a slump.
SocGen to offer payment services throughout Europe with Elavon
This includes United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland.
Rosbank gauges customer emotion with Neurodata Lab
Every phone call will be analysed – even more.
SocGen mulls thousands of job cuts from investment unit
As it seeks to consolidate its brokerage business through a partner.
Societe Generale selects HPS for payments power in Africa
Paytech will help bank with processing activities at ten African subsidiaries.
French asset manager Amundi fully acquires Anatec
Buying the 51% stake it didn’t own.
SocGen may close trading unit due to low profits
As it did with the Hong Kong desk.
