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France's SocGen courts investors with capital boost, possible buyback

The logo of Societe Generale is seen on the headquarters at the financial and business district
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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..
Date Published: Feb 06, 2020
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