Companies

SocGen chief hits out at rumours

Société Générale's shares suffered severe volatility despite its pledge on Monday to accelerate asset disposals and cut costs. Patrick Jenkins, banking editor, and the FT's Daniel Garrahan review the interview with SocGen's CEO Frédéric Oudéa, where he dismisses rumours the bank took emergency measures such as selling of its gold reserves. The interview was filmed on Friday September 9