As of 18 July, the French bank which has a target of €25 billion (US$27.3 billion) for 2023 has raised €15.5 billion on the back of structured notes sales.

Société Générale (SG) has posted a decline in earnings for the second quarter of the year, with underlying revenues, at €6.5 billion, down 5.4% year-on-year (YoY). Underlying gross operating income fell 15% to around €2.06 billion, and net income dropped to €0.9 billion from €1.2 billion YoY. Although the French banking giant had   a r obust 2022 with increasing revenues , group revenues contracted in Q2 23 ‘due to the decline in the ne

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login