Societe Generale SA

European stocks slide 2.8% after weak euro zone data, new UK economic plan

European stocks were sharply lower on Friday, as investors digested a raft of central bank decisions and a new economic plan from the U.K.The Stoxx 600 was down 2.8% in early afternoon trading, with all sectors and major bourses trading in the red.Oil and gas stocks and basic resources were the biggest fallers, both down …

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SocGen earnings Q2 2022

French bank Societe Generale’s headquarters in Paris.Chesnot | Getty Images News | Getty ImagesSociete Generale on Wednesday reported better-than-expected earnings despite taking a 3.3 billion euro ($3.36 billion) hit from exiting its Russian operations.The French lender saw every unit grow in the second quarter, which helped offset the impact of its departure from Russia in …

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