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Thursday, November 8, 2012

SocGen Quarterly Net Falls 86% on Debt Charge, Greek Sale


SocGen Quarterly Net Falls 86% on Debt Charge, Greek Sale
Businessweek
Societe Generale SA (GLE), France's second- largest bank, reported an 86 percent decline in third-quarter profit, hurt by losses on the sale of its Greek unit and a charge related to its own debt. Net income dropped to 85 million euros ($109 million ...

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