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Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. [4] It is also the sixth largest bank in Europe and the world's eighteenth. [4] It is considered to be a systemically important bank by the Financial Stability Board.
2 days ago · Societe Generale's shares soared on Thursday after CEO Slawomir Krupa shook up his management team and the French bank beat profit forecasts, while rival BNP Paribas' stock slid following mixed ...
Jul 3, 2022 · Société Générale is this year’s best-performing bank of France’s five largest lenders in The Banker ’s Top 1000 World Banks 2022 ranking, with an overall score of 4.87. The bank has made a huge leap in the past 12 months, having been ranked at the bottom of the country’s best-performing table last year.
1 day ago · SocGen begins long road to recovery, but obstacles remain. After several difficult years, Société Générale’s third-quarter results provided a shot of good news for the beleaguered French lender — and its depressed share price. Higher-than-expected profits, combined with a high-profile management reshuffle, saw the bank’s share price ...
Nov 3, 2023 · SocGen is persistently one of Europe’s cheapest banks, trading at about 30 per cent of its tangible net assets. That of the Stoxx 600 banks index touches double that, and the gap is...
Sep 23, 2021 · Fitch Ratings - Paris - 23 Sep 2021: Fitch Ratings has affirmed Societe Generale S.A.'s (SG) Long-Term Issuer Default Rating (IDR) at 'A-' and Viability Rating (VR) at 'a-'. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is below.
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Jul 3, 2023 · The Positive Outlook reflects SG's steady progress in its earnings level and stability, as seen over the last three years, and our expectation that the bank will continue to target improved earnings consistency in the medium term.
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