Société Générale

Societe Generale presents the trading game "Trader 2026" as an interactive trading application. The website requires JavaScript in order to use the application. » More on finanzen.net

Société Générale plans to further cut costs and boost revenues to raise return on tangible equity (RoTE) to 13–14% by 2029 and above 15% thereafter. At least €21 billion in dividends and buybacks are to be distributed by 2029, which would return about half of profits to shareholders. After reporting half‑year results, the target RoTE for the current year was raised to around 11%. » More on finanzen.net

Société Générale plans to raise its return on tangible equity (RoTE) to 13–14% by 2029 and thereafter to above 15% through further cost cuts and higher revenues. CEO Slawomir Krupa announced that the bank will use at least €21 billion for dividends and share buybacks by 2029, which should return about half of profits to shareholders. After the half‑year results the bank lifted its RoTE target for the current year to roughly 11%; the stock fell briefly. » More on finanzen.net