 New York Times |
SocGen first-quarter fixed-income surge offset by charges
CNBC.com PARIS (Reuters) – French bank Societe Generale reported a 20.1 percent drop in quarterly net profit, as the cost of selling assets in a weak economy and other one-off charges offset a surprise surge in bonds, currencies and commodities revenue. SocGen Profit Hit by Restructuring Plan SocGen first-quarter profits fall 20% Societe Generale Profit Drops 20% in First Quarter |
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