Photo: Jérémy Barande · CC BY-SA 2.0 · Wikimedia Commons
Born in France · Nationality French — Business / finance / tech
Documented profile covering 8 controversies, including “Further workforce reduction in France: Approximately 640 positions targeted in 2020” and “2019 restructuring: 1 600 job cuts announced, including approximately 750 in France”.
Profile No. 2292 · Updated on 12 October 2026
§ Legal statuses reflect the documented sources as of the date shown; they replace neither court decisions nor the presumption of innocence. Counts are not a rating. Methodology
November 2020
Following the 2019 plan, Société Générale undertook a further reorganisation in France affecting approximately 640 positions, amid digital transformation and pressure on costs.
Last verified: 15 September 2026
April 2019
Under Oudéa's leadership, Société Générale announced approximately 1 600 job cuts worldwide, mainly in corporate and investment banking, including approximately 750 in France.
Last verified: 15 September 2026
2004–2018
In 2018, Société Générale reached agreements with American and French authorities concerning, among other matters, a bribery scheme involving more than 90 million dollars paid to an intermediary to obtain business with Libyan state institutions.
Last verified: 15 September 2026
2010–2018
The 2018 American settlement included a separate element concerning LIBOR manipulation, for which Société Générale accepted significant criminal and regulatory penalties.
Last verified: 15 September 2026
2003–2018
In November 2018, Société Générale accepted approximately 1.34 billion dollars in penalties under several US settlements concerning transactions that breached economic sanctions, notably those relating to Cuba, Iran and Sudan.
Last verified: 15 September 2026
2012–May 2016
Following the Panama Papers, elected representatives compared offshore arrangements revealed around Société Générale with statements Oudéa had made before the Senate in 2012 about ending activities in non-cooperative jurisdictions, prompting accusations of possible false testimony.
Last verified: 15 September 2026
March–April 2009
While Société Générale benefited from government measures supporting the banking sector, the announced award of stock options to several executives, including 150 000 to Frédéric Oudéa, prompted strong political and media reactions.
Last verified: 15 September 2026
2008
After Jérôme Kerviel's unauthorised trading came to light, the Banking Commission found serious weaknesses in Société Générale's internal control system and issued a reprimand and financial penalty against the bank. Frédéric Oudéa was finance director during the final period of the events and became chief executive in May 2008.
Last verified: 15 September 2026
Two profiles are linked when a documented controversy of one names the other. The link points to that controversy and its sources; it does not indicate a personal relationship.
A new court decision, a missing source, a mistake? Tell us what should be updated: every request is read by the editorial team.
Controversia checks and updates its profiles independently. Support is optional and has no effect on the content of profiles.
DonateSearch covers names and aliases — not the content of profiles.