Societe Generale

Societe Generale is a financial services institution headquartered in France. They are the third largest investment bank in the Eurozone.

Key Dates

  1. 1870: 47 branches in France
  2. 1871: Opens London branch
  3. 1913: 122,000 shareholders
  4. 1945: Societe General nationalized
  5. 1973: Branch opens in Soviet Union
  6. 1987: Company is privatized
  7. 2002: Buys Morocco's Eqdom, one of many acquisitions to come in Africa; also buys Hertz
  8. 2004: Global Investment Management and Services (GIMS) introduced
  9. 2008: Bank loses $7.2 billion to fraudulent trader

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