Societe Generale Australia unit charged with breaching client money codes [Reuters (UK)]
SOCIETE GENL FRNCE S/ADR (SCGLY)
NASDAQ:AMEX Investor Relations:
societegenerale.com/en/investors
Company Research
Source: Reuters
Societe Generale Australia unit charged with breaching client money codes - Reuters 1 Min Read March 18 (Reuters) - French investment bank Societe Generale SA’s Australian securities arm has been charged with criminal offences for allegedly failing to separate its clients’ money from its own, Australia’s corporate regulator said on Wednesday. The Australian Securities and Investments Commission (ASIC) said the breach of client money provisions was “serious” and “risks undermining investor confidence”. The charges brought against Societe Generale Securities Australia on Tuesday in a Sydney court include two counts of failing to pay client money into separate bank accounts and two counts of not complying with requirements for a client money bank account, the regulator said. ASIC alleges that the breaches took place between December 2014 and September 2018. Societe Generale in Australia did not immediately respond to a request for comment. The next hearing will be held on May 12. (Report
Show less
Read more
Impact Snapshot
Event Time:
SCGLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SCGLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SCGLY alerts
High impacting SOCIETE GENL FRNCE S/ADR news events
Weekly update
A roundup of the hottest topics
SCGLY
News
- Watch CNBC's full interview with NewEdge's Cameron Dawson, Wealth Enhancement's Ayako Yoshioka and BMO's Yung-Yu Ma [CNBC]CNBC
- Snap-back trade likely in the new year, says NewEdge's Cameron Dawson [CNBC]CNBC
- Treasuries Gain as Key Fed Inflation Figures Trail Estimates [Yahoo! Finance]Yahoo! Finance
- Societe Generale Private Banking - Private Banking and Wealth Management Operations Competitor Profile 2024 [Yahoo! Finance]Yahoo! Finance
- Taiwan to Decide on Key Rate With Property, Trump Front of Mind [Yahoo! Finance]Yahoo! Finance