SocGen posts surprise loss as equities traders are wiped out in rout

April 13, 2021 0 By

PARIS (BLOOMBERG) – Societe Generale posted a surprise first-quarter loss after its stock traders were wiped out in the market volatility caused by the coronavirus and the bank set aside 820 million euros (S$1.26 billion) to cover bad loans.
Revenue from equ… [+2901 chars]Source

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