Societe Generale SA
SocGen points to cost of Ukraine war with higher bad loan provisions
French bank Societe Generale has announced plans to exit Russia. Bloomberg | Bloomberg | Getty Images French lender Societe Generale said on Thursday it would have additional costs as a result of the war in Ukraine because more customers would be unable to repay their loans, underscoring the ever wider economic damage in Europe. France’s […]
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Want an inflation-ready portfolio? Top economist says a traditional route won’t cut it
Societe Generale’s global head of economics, Kokou Agbo-Bloua, explains why the firm is changing up the traditional 60/40 portfolio. Source
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European stocks slide 1.2% after undisclosed investor sells stakes in German banks; Deutsche Bank tanks 9.5%
LONDON — European markets sank Tuesday morning as traders monitored heaving selling in the banking sector, and looked ahead to key central bank meetings and U.S. inflation prints. The pan-European Euro Stoxx 600 index was down 1.2% in early deals, with the German DAX dropping 1.8% and the banking sector falling 2.3%. Reports on Monday […]
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Morgan Stanley says stay disciplined amid volatility, and names ‘cheap’ global stocks to buy
Morgan Stanley has named a raft of “cheap” global stocks to buy, advising investors to stay disciplined on valuations. Source
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