Societe Generale reports pick up of structured products in Europe and North America

French bank reports increase in underlying profitability in 2017 and a good performance by all the businesses in the fourth quarter, with net income marked by exceptional items. Structured products picked up, especially in Europe and North America. Societe Generale has reported a book group net income of €2.8bn in 2017, down from €3.8bn in 2016. Book group net income totalled €69m in the fourth quarter of 2017 compared to €390m during the same period in 2016. This result was impacted by several