SocGen's French businesses are attractive, but overhead costs and losses abroad weigh on profits.
Societe Generale's first-quarter results were a mixed bag composed of growth in its business operations paired with higher provisions and settlements for previous disputes. The group posted net income of EUR 747 million and a return on equity of 5.2%, which includes a EUR 350 million provision for a settlement with the Libyan Investment Authority on a dispute dating back to before 2007 as well as the implementation impact of the IFRIC 21 accounting standard. On an adjusted basis, net income and ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.