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Societe Generale ADR (SCGLY)

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  • Aug. 1, 2013, 6:19 AM
  • May 7, 2013, 6:55 AM
    Société Générale (SCGLF.PK): Net profit falls 50% Y/Y to €364M, beating by €47M. Net income in corporate and investment banking rises 41% to €494M beating estimates. Revenue takes a €1B hit on accounting change related to the revaluation of debt. Tier 1 capital is 8.7%.
  • Feb. 16, 2012, 4:18 AM
    Societe Generale (SCGLY.PK): Q4 net profit -89% Y/Y to €100M vs. consensus of €317M. Reduces exposure to GIIPS sovereign debt to €2.7B, cuts exposure to Greece to €307M, writes down €620M. Core Tier 1 ratio (Basel 2.5) 9.0%. Corporate & investment bank loss €482M. Omits dividend for 2011. Shares -3% in Paris. (PR .pdf)
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  • Nov. 8, 2011, 4:05 AM
    Societe Generale (SCGLY.PK): Q3 net profit -31% to €622M ($855M) vs. forecasts of €858M. Revenues +4% to €6.5B. Takes €333M pretax writedown on Greek sovereign debt holdings. Exposure to GIIP €3.4B at end of October. Toxic assets, which include mortgage bonds, €18.6B (PR .pdf).
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Company Description
Societe Generale and its subsidiaries are engaged in banking and finance activities, which are divided into three divisions: Retail Banking & Specialized Financial Services, Corporate & Investment Banking, and Asset Management, Private Banking & Securities Services: Co.'s activities are managed... More
Sector: Financial
Country: France