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PARIS - French bank Societe Generale said Monday it has asked France's market regulator to open an investigation into possible manipulation of its share price.
The bank, renowned for a multibillion-dollar trading scandal earlier this year, issued a statement formally denying "malicious rumors attributing to the bank significant losses in its structured products" which would have necessitated a recapitalization of the bank.
SocGen shares were trading down 5.2 percent at euro47.39 ($64.64) midday Monday, while France's CAC-40 index was 5.85 percent higher.
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