We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

In the tunnel

7 May 2009 By Pierre Briancon

Société Générale reported a surprise E300m loss and E1.5bn of writedowns, just one day after domestic rival BNP Paribas beat expectations with a E1.5bn profit. The deep recession means the retail business won t soon replace the once stellar corporate bank as profit booster.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)