• 11/29/2024

SocGen Outlines New Strategic Plan

Wall Street Journal

SocGen has targeted a return on tangible equity of 9%-10% in 2026, and forecast lower average annual revenue growth for the 2022-2026 period, as it aims to streamline its portfolio and reduce oil-and-gas exposure.

https://www.wsj.com/articles/societe-generale-sees-slower-revenue-growth-through-2026-b673209a