Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

SocGen, Credit Agricole Report Earnings

SocGen, Credit Agricole Report Earnings

Societe Generale (SocGen) reported an underlying group net income of €1.6bn ($1.7mn) on revenues of €7.3bn ($7.7bn), up 16.6% YoY. It said that all businesses witnessed “good momentum”. Its French Retail Banking revenues were up 6.4% YoY, International...
SocGen, StanChart Report Surge in Profits

SocGen, StanChart Report Surge in Profits

SocGen reported a Q2 underlying group net income of €1.35bn ($1.6bn) vs. only €8mn ($9.5mn) in Q2 last year. For the half year, they reported net income of €2.65bn ($3.1bn), up 13.5% vs. 1H2019 and nil profits during the same period last year. The bank reported no...
SocGen, StanChart Report Surge in Profits

SocGen, ING and UniCredit Report Strong Q1 Results

SocGen reported group net profits of €814mn, a sharp increase over 1Q2020 losses of €326mn. The bank’s equities business had its best quarter since 2015, with revenues rebounding 44% QoQ and Fixed Income & Currency saw revenues jump 51% QoQ.  Cost of risk stood at...
Show Buttons
Hide Buttons