IRVINE, Calif., BUSINESS WIRE -- Thunderhead, the leading provider of
communications technology, announced today that Societe Generale Corporate & Investment Banking has adopted Thunderhead to automate the creation of its equity derivative trade confirmation documents.
Thunderhead's document generation platform replaces an existing in-house, back-
system at Societe Generale Corporate & Investment Banking and enables the bank to automate (more...)
Societe Generale Corporate
France could borrow to finance Dexia investment
PARIS, Oct 1 (Reuters) - France could finance its share of a
rescue of Dexia (DEXI.BR:
,
,
,
) (DEXI.PA:
,
,
,
) by borrowing the one billion
euros ($1.42 billion) it will invest in the Franco-Belgian bank,
government spokesman Luc Chatel said on Wednesday.
On Tuesday, France, the Belgian government and other
stakeholders said they would invest a total of 6.4 billion euros
($9.2 billion) in Dexia. The French state said it would invest
one (more...)
Buffett girds General Electric with $3-billion investment
A week ago, Buffett invested $5 billion in Wall Street bellwether Goldman Sachs Group Inc. Scores of other companies have unsuccessfully sought his assistance as the banking system has come under stress.
"It's a shocking comment on today's environment that GE and Goldman would need the reputational shots in the arm that Buffett can provide," said Scott Kolbrenner, an investment banker at Houlihan Lokey in Century City. "In any sane environment, (more...)