French move after bank scandal
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France's finance ministry calls for tighter banking controls after the Societe Generale trading scandal.
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Speculation of a British bid for Societe  Generale, in the face of French opposition to a foreign  takeover, pushed shares in SocGen up sharply on Wednesday  nearly two weeks after it was plunged into a rogue trading  scandal.
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The former head of one of Austria's biggest banks, Bawag, is arrested in France on fraud charges authorities say.
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BNP Paribas, the French bank, said on Thursday that it would reopen three funds next week that it had frozen in a step that accelerated a slide in financial stocks.
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The French government piled pressure on Societe Generale's chairman Tuesday over multi-billion dollar losses at the bank for which rogue trader Jerome Kerviel was charged.
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EURONEXT, one of the two rival potential bidders for London Stock Exchange, has strengthened its team by lining up a heavyweight French bank to help to raise funds.
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French bank BNP Paribas revealed on Thursday it was stalking crisis-hit Societe Generale, while voices in the European Union were raised against France for warning it would ward off hostile bids.
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Embattled French bank Societe Generale faces fresh troubles Monday when a trial opens in Paris involving a vast money laundering scam between France and Israel.
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Societe Generale chairman Daniel Bouton will stay at the helm of the scandal-marred bank, a bank official said Wednesday.
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Business & money: Â· Two years of strife over dual control ends  Â· France and Germany fall out over raising new funds
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Business & money: Â· Doubt cast on SocGen claim of single perpetratorÂ· Employee of financial services firm is held
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French bank Societe Generale ,  at the centre of a huge trading scandal, began investigating  trades executed by junior trader Jerome Kerviel months before  his unauthorized activities were exposed in January, the  Financial Times reported.
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A Paris court sent French trader Jerome Kerviel behind bars Friday, while the investigation into billions of euros (dollars) of losses he allegedly caused for bank Societe Generale took a new twist with a second employee taken into custody.
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An investigation is launched in France as a man is held on suspicion of faking robbery to fund a terror group.
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PARIS -- French police were holding a second person for questioning about the loss of billions at bank Societe Generale, a judicial official said Friday.
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Societe Generale laid out its defense ahead of a high-profile money laundering trial due to begin in Paris on Monday, which could put further pressure on the French bank as it grapples with the effects of a trading scandal.
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The man at the center of a trading scandal at Societe Generale said that his activities could not have gone undetected by the French bank.