SocGen board backs chairman
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Business & money: Daniel Bouton is to stay on at the French bank to guide it through its current crisis, board decides
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France's opposition Socialist Party voted in favor of the European Union's proposed constitution, party leaders announced Thursday, a victory for the party's moderate, pro-European wing.
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Takeover talk swirled around Societe Generale bank on Friday, driving up its shares, with analysts expecting an all-French outcome to the rogue trader debacle.
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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.
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French bank Societe Generale defended its handling of the world's biggest trading scandal on Sunday, but admitted its risk systems had failed to detect a 50-billion-euro ($73.3 billion) market bet by a lone trader.
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Foreign Minister Nicolas Sarkozy says he will stand for the leadership of France's main governing party.
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Moscow, 14 September: Russian President Vladimir Putin has backed Prime Minister Mikhail Fradkov&#39;s decision to liberalize the market in Gazprom shares.
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Former French economy minister Francis Mer was elected head of the supervisory board of Safran, a group active in aerospace propulsion, aircraft equipment, defense security, and communications, the company said.
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Ukrainian parliament on Thursday confirmed Vladimir Stelmakh in the post of chairman of the National Bank of Ukraine for which President Leonid Kuchma nominated him.
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The board of Societe Generale was expected to decide on Wednesday whether to ditch its chairman in the wake of rogue trading losses, with the future of France's second-biggest listed bank at stake as the government warned off predators.
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BRUSSELS, DECEMBER 7 : The European Commission endorsed former EU Trade Commissioner Pascal Lamy on Tuesday as a candidate to head the World Trade Organisation (WTO) and said he had broad support of the blocâs 25 member states.
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The head of French bank Societe Generale   said in a newspaper interview published on Wednesday  that he saw "limited impact" on the profitability of France's  banks from the current subprime mortgage crisis.
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The U.S. will back the nomination of Dominique Strauss-Kahn to become managing director of the International Monetary Fund.
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Corrects name of BNP CEO in paragraph 8 from Michel Pebereau, who is chairman
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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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The French Socialists' presidential candidate Segolene Royal has expressed support for Germany's position on renewable sources of energy.Comment
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Directors at scandal-hit Societe Generale begin talks to decide the fate of the bank's head, Daniel Bouton.