SocGen shares hammered on derivatives concerns

Discussion in 'Wall St. News' started by ASusilovic, Jun 4, 2010.

  1. fts blown out. Euro ugly.


    They must hold derivatives on Hungary.
     
  2. Update (1250 UK time): With, its stock down 5.3 per cent at pixel time, SocGen’s spokeswoman commented, via Reuters:

    RTRS-SOCIETE GENERALE ON DERIVATIVES RUMOUR – “IF WE HAD SOMETHING TO SAY WE WOULD HAVE SAID IT”