Home Page : Archive News : May 2012 News : SocGen Profit Drops 20 Percent on Charges | |
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 |