Friday, November 3, 2023

Societe Generale Q3 Profit Hit By French Retail Issues

French financial service provider Societe Generale S.A. reported Friday a sharp drop in its third-quarter profit amid weak revenues. According to the company, the net result was penalized by the negative effect of short-term hedges on net interest income in French retail, the impact of which peaked in the third quarter.

from RTT - Earnings https://ift.tt/6dbnXtR
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