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Tag: SocGen

SocGen boosts first-quarter income but costs of Ukraine war rise

French lender Societe Generale (SOGN.PA) beat first-quarter earnings expectations on Thursday but booked higher provisions for loans turning bad as the economic impact of the war in Ukraine hits its customers.

SocGen quits Russia with sale of Rosbank to oligarch Potanin

French bank Societe Generale said on Monday it would quit Russia with a deal to sell its stake in Rosbank to Interros Capital, a firm linked to Russian oligarch Vladimir Potanin, the head of mining giant Norilsk Nickel

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