France's SocGen courts investors with capital boost, possible buyback
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PARIS (Reuters) - Societe Generale , France's third-biggest bank, boosted its capital in the fourth quarter following asset sales and revealed the possibility on Thursday of a share buyback as quarterly revenue rose.Frederic Oudea, SocGen's chief executive since 2009 is trying to lift the bank's profitability and solvency in the face of negative interest rates and challenging financial markets.SocGen expects its profitability to improve in 2020, although there was little chance it would reach..