Societe Generale

Societe Generale is nearing an agreement to pay as much as $1 billion to resolve two U.S. probes -- into the rigging of benchmark interest rates and allegations of bribery in Libya -- according to people familiar with the matter…

Societe Generale SA said on Monday that it hoped to resolve "within weeks" U.S. investigations into alleged Libor rigging and transactions made by the French bank involving Libyan counterparts, Reuters reported.The French bank said in a…