HomeNewsWorld NewsSociete Generale Third-Quarter Tops Hopes, But Outlook Cautious

Societe Generale Third-Quarter Tops Hopes, But Outlook Cautious

Societe Generale cautioned that net interest income at its French retail and private banking and insurance units was expected to fall by more than 20% in 2023, but next year return to at least the level in 2022, as higher costs and exceptionals cut into the bank’s third-quarter results.

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