|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.00 - 11.30|
|52-week range||11.00 - 32.23|
|Beta (5Y monthly)||1.51|
|PE ratio (TTM)||N/A|
|Earnings date||05 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||26 May 2020|
|1y target est||43.49|
The UK government unveiled new measures on Tuesday to combat the spread of coronavirus.
Societe Generale <SOGN.PA> is considering merging its two French retail networks in an attempt to boost profitability, after two consecutive quarterly losses due to poor trading results. French retail banking accounts for a third of the overall revenue at Societe Generale, which mainly operates under two different brands - Societe Generale and Credit du Nord. "We want to speed up structuring initiatives to strengthen our business model of (a) diversified European banking group," Oudea said in a statement on Wednesday.
Societe Generale's (SCGLY) asset management unit Lyxor is likely to be divested in fourth-quarter 2020.