0714 GMT - Societe Generale is showing the right kind of progress with its results confirming a turn in French retail revenue, Jefferies says in a note. The bank's French net interest income came in 19% higher on year at 1.06 billion euros, recovering from the disappointment in the previous quarter. "This source of investment controversy should hopefully be in the rear-view mirror," analyst Joseph Dickerson and associate Theo Massing write. Its corporate and investment banking performance was consistent with its peers', they say. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
October 31, 2024 03:14 ET (07:14 GMT)
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