SCGLF News and Press, Societe Generle Ord From 02/06/20

Societe Generale ( OTCPK:SCGLF ): Q4 GAAP EPS of €3.05. Net banking income of €24.67B (-2.1% Y/Y) Press Release More news on: Societe Generale, Société Générale Société anonyme, Earnings news and commentary, Financial stocks news, ,

Thirteen big banks and financial services companies agree to pay $337M to resolve claims by investors that they conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac for a decade, according to a preliminary settlements filed late Monday night in Manhattan, Reuters reports. ...

Since I last wrote on Intesa (IITOF) in May (article here ), the stock has held up well, being just 2% lower compared to a fall in the European banking sector of 11% over the period. Intesa has done marginally better than UniCredit (UNCFF), much Italian banking favourite, which is down 5%. ...

I recommended buying Commerzbank ( OTCPK:CRZBF ) back in May (article here ) as a speculative bet on German consolidation and on the prospect of an improvement in the company's woefully low ROTE. It's a bet that hasn't worked and the shares have since fallen another 23%, way below the -10% ...

When I last wrote on UniCredit (OTCPK: UNCFF ) I said it was a stock on my watchlist but it was probably too early to buy ahead of an important Investor Day on 3 December, when management will present a new business plan to 2023. Since then (early May) the stock has indeed moved sideways as...

Societe Generale's (OTCPK: OTCPK:SCGLF ) sh are price has recovered somewhat in recent months and is essentially flat since I last wrote on the stock in May (article here ). This is better than European banks in aggregate, which are down 8% over the period, and is similar to the performan...

Introduction It has been a while since we discussed a Scandinavian stock here in Focus on Europe, and the previous Scandinavian idea, Viking Line has performed quite well and is still trading roughly 20% higher despite the ongoing economic uncertainty. In last week's edition of Focus o...

Societe Generale S.A. (SCGLF) Q2 2019 Results Conference Call August 1, 2019 05:30 AM ET Company Participants Frédéric Oudéa - Chief Executive Officer William Kadouch-Chassaing - Chief Financial Officer Séverin Cabannes - Deputy Chief Executive Officer Phili...

Societe Generale ( OTCPK:SCGLF ): Q2 net income of €1.05B More news on: Societe Generale, Société Générale Société anonyme, Earnings news and commentary, Financial stocks news, , Read more ...

Almost a year ago, we discussed " The European Bluff, Take I " around the ECB decision to stop injecting money to the European markets ( VGK , EZU , HEDJ , FEZ , IEUR , BBEU , IEV ) at the end of 2018. We wrote (in a handful of articles) that there's no way the ECB will be able to stay o...