SocGen expects $2.59 bln profit for 2008
Güncelleme Tarihi:
AP
Oluşturulma Tarihi: Ocak 22, 2009 00:00
PARIS - French bank Societe Generale said yesterday it expects to report 2 billion euros ($2.59 billion) in net profit for 2008 and to break even for the fourth quarter despite an exceptionally rocky year.
The bank, hurt by a massive trading loss in early 2008, cited "the solidity of its retail banking activities and its diversified business portfolio" as the reason for its overall solid performance last year.