CIB legacy losses drag down Société Générale
A record year for fixed income and a strong performance in equities still failed to lift Société Générale’s full 2009 results compared to those of its rivals, as the bank revealed on Thursday that it had scraped together a fourth quarter profit in part thanks to a tax credit.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts