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Home > Company Index > Banking > Banking - Europe > Société Générale

Société Générale
OTC: SCGLY
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 NEWS FROM THE STANDARD
E-Trade Illuminating Murky Oil Market
Jul 28 2000 07:03 AM PDT

 PROFILE
Société Générale is no generalist when it comes to its role in European banking: This Paris-based bank wants to expand geographically and broaden its financial services. Société Générale had planned to buy rival Paribas, but Banque Nationale de Paris stole the prize to create BNP Paribas. Société Générale has instead forged alliances with Spain's Banco Santander Central Hispano and Italian insurer Società Assicurazioni Industriale (through a 30% share in the insurer's banking subsidiary SAI Banca.) Société Générale has about 2,600 branches in France and more than 500 branches worldwide.

 COMPETITION
BNP Paribas Group (BNP)
Crédit Commercial de France SA (dossier)
Crédit Lyonnais (CL)

 DEALS
Deal: Sonic Foundry Secures $18.5 Million in Private Equity Financing
Date Announced: 03.09.00
Value of transaction (US $Mil): 18.5
Description: Digital media and software tool distributor secures $18.5 million private equity investment.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 21,473.30
1-Yr. Sales Growth: (31.8)%
Employees: 64,660
Revenue per employee: $332,095.58

 KEY PEOPLE
• Daniel Bouton
    CEO
• Hervé Saint-Sauveur
    CFO

 CONTACT INFO
29, Boulevard Haussmann
75009 Paris, France
Phone: 33-1-42-14-20-00
Fax: 33-1-42-14-54-51
Online: Web Site

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