SCGLY News and Press, Societe Generale ADR From 02/03/21

Societe Generale has reported deteriorated financial figures in 2020 due to the impact of Covid-19. This has pushed its valuation to the cheapest levels in more than five years, trading at only 0.23x book value. This means that there is a lot of upside potential if economic activi...

I look at five European banks that made it to the latest Dow Jones Sustainability Index. A comparative review of their financial indicators does not reveal a runaway winner but a couple of income play contenders. Value opportunity, Intesa Sanpaolo has had a respectable run through...

2020 is over and my portfolio returned -1.4%. This is a positive surprise considering a 34% drawdown in March during the first pandemic shockwave. Some stocks recovered strongly from their March 2020 lows while some are still lagging behind the market. Since the inception in 2013,...

Societe Generale ([[SCGLY]] -2.4%) announces two major strategic initiatives in French Retail Banking through the planned merger of Credit du Nord and Societe Generale, on the one hand, and the further development of Boursorama, on the other hand.The network will thus transition from about 2,...

Deliveries of September spot gold have intensified during gold's correction, October deliveries begin September 29 with over 60,000 contracts open, and Registered Comex gold supplies are falling. A second round of lockdowns will crimp the supply of real goods and services and spur the...

I've warned in the past of the persistent risk of Societe Generale ( SCGLY ) ("SocGen") becoming a "value trap", with the company's management unable to craft a business plan that would lead to meaningfully higher returns on equity and drive a higher valuation. The COVID-19 pandemic has only c...

Societe Generale ( SCGLF ) is not only one of the largest European banks but more importantly a globally systemically important bank. It trades on the French equity market Euronext and is also accessible for trading on the American OTC market. The bank trades at one of its lowest valuations, h...

PARIS , Aug. 3, 2020 /PRNewswire/ -- Societe Generale, one of the largest European financial services groups, reports results for Q2 2020. CEO Frédéric Oudéa comments on the Group's results. Watch video interview and read transcript: https://www.eurobusinessmedia...

Point Roberts, WA and Delta, BC - July 22, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. Listen to tod...

Introduction European bank stocks are still rather weak as the lack of details on how the COVID-19 pandemic will impact the financials weighs on a potential recovery. Additionally, the European regulator has asked all banks to suspend dividends in order to protect the balance sheets whil...