SocGen says $1.3 billion U.S. penalties will not affect 2018 results

French bank Societe Generale said on Monday it agreed to pay $1.3 billion in penalties to the U.S. authorities to settle a dispute over violations of U.S. economic sanctions, adding the fines were entirely covered by provisions.


Source: Business

Leave a Reply

Your email address will not be published. Required fields are marked *

4 × one =