SocGen income falls despite strong asset management growth

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FRANCE - Société Générale (SocGen) saw its net income fall 20% to EUR2.15bn in 2001, despite strong growth from its asset management division.

Daniel Bouton, SocGen chairman, labelled the group’s performance as “robust” despite the massive fall in income. Asset management provided reason for cheer, with fourth quarter income up 39% compar...

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