French bank SocGen boosts capital in fourth quarter

PARIS (Reuters) - Societe Generale , France's third-biggest bank, boosted its capital following asset sales in 2019 and said on Thursday that it would introduce a new shareholder remuneration policy in 2020 that would include a possibility of share-buybacks.SocGen guided that its profitability would improve in 2020, but it fell short of mentioning its earlier return on tangible equity guidance of 9% to 10% (ROTE) in its press release. Its ROTE in 2019 stood at 6.2%.SocGen's revenue rose 4.8% in..