Societe Generale Group reported about the second quarter loss in a row

Paris (information agency "Reuters") - Societe Generale Group (PA: SOGN) reported SA (SocGen) on Monday about a loss in the second quarter in a size of 1,26 billion euros ($1,48 billion) as bank reflected in balance write-off of cost of assets trade businesses who seeks to reconstruct. The third largest bank France on market capitalization reported that will lower degree of risk of trade division as a result of changes which manage in 200-250 million euros the lost revenue. "The group will continue to adapt the activity for the new conditions which have developed after crisis of COVID, in particular...