Synthesis of the Capital increase: This increase was use with preferential subscritpion rights (PSR): No impairment in the value for the existing shareholders Size and price: 5.5 billion Euros with 116.7 million new shares It represent 25% of the number of shares outstanding 4 PSR will subscribe for 1 new share at a price of € 47.5 per share Prospect strategic of the group: Accelerate development in the professions and high-potential markets with the strong generation of capital associated
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A Rogue Trader at Societe Generale Roils the World Financial System. 1. What concepts in this chapter are illustrated in this case? System vulnerabilities Computer crime: using computers as instruments of crime to defraud the bank‚ customers‚ and other financial institutions Internal threats from employees: Jerome Kerviel has access to privileged information; he was able to run through the organizations system without leaving a trace Business value of security and control: Organizations can
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Societe Generale is a French bank founded in 1864 by a group of manufacturers and financiers. This bank was designed to encourage the growth of trade and industry in France. Its headquarters are in Paris and Nanterre‚ France. Currently Societe Generale has three main divisions that they focus on- these include: Retail banking and specialized financial services Corporate and Investment Banking Global Investment management and services Among these‚ their services also include specialized financing
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with a specialization in organization and control of financial markets. According to a source at Lyon‚ there was nothing remarkable about him. He was a student like everyone else but didn ’t distinguish himself in any way. Kerviel began at Societe General in the middle office after receiving his Master ’s degree. He initially began in the compliance department and was promoted to the Delta One products team in 2005 as a junior trader. This area of the bank dealt with program trading‚ exchange
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References: [3] Societe BIC‚ “Our visions and Values”‚ 2006‚ http://www.bicworld.com/ [4] Societe BIC‚ “Our history”‚ 2006‚ http://www.bicworld.com/ [5] Çatalkaya et al‚ “BIC Corporation”‚ www.kadirozmen.com/documents/ [6] Hoovers Online‚ “Newell Rubbermaid Inc.”‚ 2006‚ http://premium.hoovers.com/subscribe/ [7] Hoovers Online‚ “Societe BIC.”‚ 2006‚ http://premium.hoovers.com/subscribe/ [8] Hoovers Online‚ “Zippo Inc.”‚ 2006
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Course: ENVIRONMENTAL ENGINEERING Session: 2014/2015 – Term 2 Lecturer: Eur Ing Dr Alec D Coutroubis Assignment 1 Title: Redesigning the disposable BIC ballpoint pen. Brief: You have been employed by Société Bic as the manager of ‘Environmentally Friendly Product Development for disposable ballpoint pens. Analyse the physical product (the standard BIC pen) and‚ having performed a ‘reverse’ Environmental Life Cycle Assessment‚ recommend changes in its design and manufacture in order to minimise
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___________________________________________________________________ [pic] Summary Introduction I. Présentation of Société Générale A) History B) Key information 1- Structure 2- Stock Information 3- Fianancial information 4- Shareholders C) Activities II. Why use a capital increase ? A) The subprime crisis 1- Explanation of the crisis 2-
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the inception of a warm business relationship rendering the most personalized services at all times. For any further queries‚ feel free to contact me. Warm regards‚ Raghavendra Jaswal Key Accounts Manager [cid:image001.jpg@01CCFC63.F9B592D0] Société Générale Group B- 58‚ IInd Floor‚ Defence Colony‚ New Delhi - 110024 Tel: ( Direct.) +91 11 4461 3207‚ Tel: ( Board.) +91 11 4461 3200 Fax: + 91 11 4461 3208 Mobile : +91 98110 37259 Breakdown Assistance No : 1800-102-8100 - Customer Care No
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to hide the loss from the eyes of the bank and has consistently acted in a detrimental way to the bank’s financial position. Suspicion was averted from senior management with the use of a separate account that has covered up his mistakes. In the Societe Generale and Jerome Kerviel scandal‚ it is a simple matter of fraud and abuse of authority. On the part of the bank‚ they have failed as they lacked control over the actions that has put the existence of the bank at peril. There was an abuse of trust
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Jérôme Kerviel and Société Générale In brief Société Générale S.A. (SocGen) is a French multinational banking and financial services company headquartered in Paris. The company has a Corporate and Investment Banking division (Derivatives‚ Structured Finance and Euro Capital Markets). In the summer of 2000‚ Kerviel joined the middle offices in the bank Société Générale. He was working in the compliance department. In 2005 he was promoted to the bank’s Delta One products team in Paris where
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