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Societe Generale's investment banking division managed to limit its Q1 profit decline, aided significantly by its equities traders who outperformed bond traders for the fourth consecutive quarter. Despite a lower net profit, the bank has maintained its financial guidance.
Societe Generale Backs Guidance After Lower Net Profit https://t.co/hdS9L0yvyn
SocGen Profit Beats Estimates As Equities Help Lift Results - BBG https://t.co/gPd2IRTadR
SocGen's investment bank limits Q1 profit plunge https://t.co/K4VGbv2qVu https://t.co/m6N1GnaYsI
