Societe Generale Posts 142 Percent Increase In Trading Income In 1991
BANKS
Societe Generale shareholders are breathing a little easier following the release of the 1991 numbers posted by the banking group's trading and brokerage operations. After losing approximately FrF 300 million ($55 million) on gross income of FrF 1.7 billion ($310 million) in 1990, SocGen's worldwide trading operations contributed FrF 600 million ($110 million) to 1991 group operating income (before charges) on gross income of FrF 4.1 billion.
Global expansion of trading and brokerage operations
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