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Societe Generale
Aviation & Engineering
Investors who shorted SIA stock through SocGen to receive one-time goodwill payment
SocGen said it will pay 30 Singapore cents per certificate, the French bank wrote in a letter to investors on May 12.
May 13, 2020
Aviation & Engineering
Leveraged SocGen product shorting SIA stock now worth zero
The value of some of the leveraged short positions in Singapore Airlines Ltd. got wiped out on Wednesday (May 6) after the carrier’s share price surged due to an adjustment for a rights issue of stock and convertible bonds.
May 12, 2020
Global Economy
Foreign bribery enforcement hasn’t dented practice, report says
PARIS (Sept 11): Efforts to crack down on foreign bribery have failed to stem the practice as a proportion of global trade, despite some high-profile anti-corruption cases, according to a report by Transparency International.
September 12, 2018
In print this week
Which private bank play should investors bank on?
SINGAPORE (Aug 11): Singapore’s three local banks – DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank – have expanded regionally over the last couple of decades, putting them in a stronger position to gather onshore assets fo
August 11, 2017
SGX to commence trading of Daily Leverage Certificates on July 17
SINGAPORE (July 3): Singapore Exchange (SGX) will commence trading of daily leverage certificates (DLCs) on Asian indices starting from July 17.
July 03, 2017
Noble completes US$1 bil revolving borrowing facility
SINGAPORE (Feb 20): Noble Group reported it has completed a US$1 billion ($1.4 billion) revolving borrowing base facility, which will be used by wholly owned subsidiary Noble Clean Fuels to support their business requirements.
February 20, 2017
Noble Group set to clinch US$3 bil credit facilities
SINGAPORE (May 10): Noble Group is set to clinch about US$3 billion in bank credit facilities, sources close to the matter said, but it will have to offer the highest interest rate it has ever paid as lenders are wary after its ratings downgrades to junk
May 10, 2016