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Macro Finance

SocGen Lifts Profitability Target in New Plan

Bloomberg Markets·September 21, 2026·1 min read

Societe Generale lifted its profitability target as CEO Slawomir Krupa aims to cut costs and boost investor payouts with a new strategy. The French lender increased its return on tangible equity goal to between 13% and 14% in 2029 and above 15% after that, according to a statement Monday.

Read at Bloomberg Markets
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