SocGen Chief Oudea Says Bank Isn’t Facing U.S. Probe on Iran

Societe Generale SA (GLE) Chief Executive Officer Frederic Oudea said the French bank isn’t being probed by the U.S. on Iran.

“Today to my knowledge no inquiry regarding SocGen in Iran” is being made by U.S. authorities such as the Office of Foreign Assets Control or the U.S. Treasury, Oudea said today in a Bloomberg Television interview near Versailles, France.

Societe Generale has stopped all activities related to Iran, the CEO confirmed.

To contact the reporters on this story: Fabio Benedetti-Valentini in Paris at fabiobv@bloomberg.net; Francine Lacqua in London at flacqua@bloomberg.net

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net; Edward Evans at eevans3@bloomberg.net

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