A+ R A-

Société Générale Profit Hit by Write-Downs

BY NOÉMIE BISSERBE PARIS—Société Générale SA sought to reassure investors about its financial strength, even as it posted worse-than-expected second-quarter profit, hit by write-downs on the value of assets in the U.S. and Russia, and a plunge in investment-banking revenue. "There will be turmoil again, for political and economic ...

Read more: Implode-Explode Heavy Industries news feed