The FINANCIAL — One of the leading European financial services groups – Société Générale, today announced second quarter 2020 financial results. Revenues at its equity trading unit dropped 79.5 % compared with the same period in 2019. Customer activity gradually picked up from mid-May, which resulted in the level of bank card transactions and corporate credit transfers in June close to the monthly average levels in Q2 19. Societe Generale reported a net loss of 1.26 billion euros ($1.48 billion) for the second quarter of the year, missing market expectations, as the bank set aside more capital due to the pandemic and…
Read More »
The FINANCIAL — One of the leading European financial services groups – Société Générale, today announced second quarter 2020 financial results. Revenues at its equity trading unit dropped 79.5 % compared with the same period in 2019. Customer activity gradually picked up from mid-May, which resulted in the level of bank card transactions and corporate credit transfers…
You might be interested in
ZURICH, June 19 (Reuters) – Credit Suisse (CSGN.S) on Sunday rejected a claim by Russian businessman Vitaly Malkin for 500…
By Bojana Vlajcic — The European Bank for Reconstruction and Development (EBRD) is extending a €15 million loan to UniCredit Leasing…
The EBRD is boosting food security in wartime Ukraine by issuing risk-sharing instruments to selected local banks and a leasing…
As policymakers and industry leaders brace for a reduction in Russian oil and gas supplies to the European Union and…