SG trumpets capital growth after restructuring

Societe Generale
By Sam Kerr
06 Nov 2019

Société Générale reported a slump in overall profit as part of its third quarter results on Wednesday, but was keen to draw attention to a near-50bp improvement in its capital ratios, thanks to restructuring actions.

Société Générale reported net profit of €854m in the quarter, with its net banking income falling to €5.98bn — down 8.4% versus the same quarter in 2018. The French bank recorded revenue of €18.5bn for the nine months ending in September 2019, down 4.3% compared with the same ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.