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.

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.

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.

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

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.

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.
Noble Group

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
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