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Societe Generale launches custodial services for crypto fund managers
21.9.2022
The firm is also in the process of testing a digital euro together with the European Central Bank
Societe Generale Introduces Services for Asset Managers Developing Crypto Funds
21.9.2022
Societe Generale is offering new services for asset managers that want to offer crypto funds to their clients
Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside
20.7.2022
According to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has been gloomy, the popular safe haven asset has lost 17.50% in value against the U.S. dollar during the last...
Societe Generale Selects Swiss Crypto Custody Specialist Metaco For Security Token Push
30.6.2022
French lender Societe Generale has selected Swiss cryptocurrency custody firm Metaco to work with the bank’s digital asset subsidiary SG FORGE
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao
1.10.2021
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums and...
Maker Rises as Societe Generale Asks for Loan Backed by Bond Tokens
1.10.2021
stablecoins using a tokenized bond as collateral.As of 13:40 UTC, MKR was up by 7.5% over the past 24 hours to trade at USD 2,443. The price was rallying even before almost the whole market moved higher sharply, with
Societe Generale proposes historic $20M DAI loan in exchange for bond tokens
1.10.2021
The digital assets division of the international bank wants to provide home loan-backed security tokens as collateral for the loan
Nendoroid And Figma Company Sued Over Mistreatment, Sexualized Toys
16.9.2021
In 2020, popular figurine manufacturer Good Smile Company sued two former vice presidents, Guy Brand and James Young-sik Kim, for competing with its merchandise business while employed at GSC. In response, the former employees have filed a cross-complaint claiming that GSC actively profited from...
European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds
29.4.2021
The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with...
Société Générale Launches Blockchain-Based Structured Product
19.4.2021
French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into...
One of Europe’s largest investment banks issues security token on Tezos
15.4.2021
Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network
Ethereum Developer ConsenSys to Assist French Bank With CBDC Pilot
28.10.2020
The Ethereum developer will help the digital assets arm of Societe Generale carry out research on a central bank digital currency
ConSensys collaborates with Banque de France digital euro partner
28.10.2020
Blockchain firm ConsenSys is becoming increasingly active in the central bank digital currency space
Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials
17.9.2020
A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets
[aktualita] České online pojištění Mutumutu získává 30 milionů od Société Generále
13.2.2020
Český insurtech startup Mutumutu, který online nabízí životní pojištění, získal investici ve výši 30 milionů korun s tím, že by se do konce letošního roku mohla částka zdvojnásobit. Peníze vkládají Société Generále Assurance a Creative Dock Insurance Holding. Mutumutu je původně interní projekt...
'Bitcoin Fixes This': Société Générale Closes Accounts of Its Critic
3.1.2020
Julie Goislard. Source: a video screenshot, Le Parisien
In yet another example of perils that can await customers of traditional banks, and an argument in favor of decentralized cryptocurrencies, French banking giant Société Générale has reportedly decided to close the accounts of Julie Goislard...
Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself
11.10.2019
Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors, an exec said
Banking Giant UBS Goes Live on We.Trade Blockchain for Trade Finance
9.10.2019
Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform that’s seeing growing adoption
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...