The French banking group reported strong revenue growth across all its business units but swung to a second-quarter net loss from its disposal of Russian assets.

Société Générale has reported net banking income, at €7.1 billion, increased by 12.8% year-on-year (YoY) in the second quarter of 2022. In global markets & investor services, net banking income totalled €1.7 billion in Q2 2022 – up 25.3% compared the prior year period. Global markets’ revenues, at €1.5 billion, were up 23.3% YoY, benefiting from dynamic commercial activity in all the businesses and regions in a volatile environment. T

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