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SocGen Profit Drops 20 Percent on Charges

May 03, 2012

French bank Societe Generale reported a 20.1 percent fall in net profit for the first quarter on Thursday, hit by the cost of selling assets and other one-off charges as it sought to strengthen its balance sheet amid a slowing economy.

Source: http://www.cnbc.com/id/47274009?__source=RSS*tag*&par=RSS
 
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