--Societe Generale is considering cutting "hundreds or even thousands of jobs" at its investment bank in an effort to offset growing cost pressure from regulation, Bloomberg reports, citing people familiar with the matter.

--The French bank is also exploring plans to find a partner for its cash-equity business, according to Bloomberg.

 

Full story: https://bloom.bg/2Eq9EaR

 

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(END) Dow Jones Newswires

February 22, 2019 03:32 ET (08:32 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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