Societe General intends to reduce countless tasks at financial investment financial institution: Bloomberg

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(Reuters) – French financial institution Societe General SA is intending to reduce hundreds of tasks at its international financial and also financier options device, as it seeks to counter expense stress from guideline, Bloomberg reported on Friday, mentioning individuals accustomed to the issue.

The financial institution is additionally wanting to discover a companion for its cash-equity organisation, the record included.

Societe Generale did not instantly react to a Reuters ask for remark.

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