New York Times
SocGen first-quarter fixed-income surge offset by charges
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