SocGen Says It's Aiding US Sanctions-Breach Inquiry
Societe Generale said it has initiated discussions with the U.S. Office of Foreign Assets Control regarding the transactions and has launched an internal audit. The disclosure was made in Societe Generale's annual report, filed March 4 for 2012.
Reference to the internal probe was made in a single paragraph in the 468-page report, which examines the bank's...
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