Societe Generale SA (SOGN.PA)
16 Nov 2018
PARIS, Nov 8 Societe Generale, France's second largest listed bank, said its third quarter net profit jumped 32 percent thanks to a capital gain booked on its stake in clearing house Euroclear.
WARSAW/PARIS France's Societe Generale has sold its Euro Bank business in Poland to Bank Millennium for 1.83 billion zlotys ($484 million), further reducing its exposure to eastern Europe.
* Polish banking sector in consolidation phase (Adds more detail and background)
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(Societe Generale corrects SEPT 3 statement to show estimated penalities 1.1 billion (not 1.2 billion) euros)
* Penalties to be covered 'almost entirely' by 1.1 bln euro provision
MILAN, Aug 24 UniCredit and Societe Generale declined to comment on a report that Italy's biggest bank was working with a senior Rothschild banker to advise it on a possible merger with the French lender.