Société Générale loss, that same day two credit rating agencies reduced the bank's long term debt ratings: from AA to AA- by Fitch; and from Aa1/B to Aa2/B- by Moody's (B and B- indicate the bank's financial strength ratings). Executives said the trader acted alone and that he may not have benefited directly from the fraudulent deals. The bank announced it will be immediately seeking 5.5 billion euros in financing. On the eve and afternoon of January 25, 2008, Police raided the Paris headquarters of Société Générale and Kerviel's apartment in the western suburb of Neuilly, to seize his computer files. French
T & G Mutual Life Assurance Society income of nearly 4 million pounds, and assets totaling over 16 million pounds. By 1952 the income had increased to 16 million pounds and funds to 86 million pounds. In 1983 the T&G Society amalgamated with the National Mutual Life Association. which was itself purchased by AXA, a French multinational, in the 1990s. The T & G Mutual Life Assurance Society was notable amongst Australian insurance companies for constructing a series of landmark buildings in cities and town across Australia and New Zealand in the interwar period. In the boom years of the 1880s they built prominent headquarters in Melbourne