SocGen shares tumble after new strategy sees little growth

By Mathieu Rosemain

LONDON (Reuters) -Societe Generale’s shares plunged more than 6% on Monday after France’s third-biggest listed bank said it expected little if any growth in annual sales over the coming years in a keenly-awaited strategic plan from its new CEO.

Slawomir Krupa took over in May, charged with reviving a bank that has slipped behind French leader BNP Paribas and some other European rivals amid a costly exit from Russia last year and concerns it is too reliant on volatile…

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