Societe Generale Sees Solid Q3 Results, Stable Fixed Income & FX Revenues

[kreslik.news]

Societe Generale, a French multinational investment bank, announced its third quarter results for its 2018 fiscal year today. During the period, the firm reported solid results overall, driven in part by a rebound in the global financial markets.

During the third quarter, Societe Generale achieved a revenue of €6.5 billion. This is an increase of 9 per cent year-on-year. However, when excluding revenues earnt from the revaluation of Euroclear securities, revenue was up 4.4 per cent.

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According to the results, revenue was driven by strong growth in the company’ French retail banking business ... (read more)