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French bank SocGen boosts capital in fourth quarter

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 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..
Date Published: Feb 06, 2020
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