Economics
SocGen Search for Funding Takes Bank to German Car Buyers
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Societe Generale SA’s quest for funding is prompting the bank, France’s second-largest, to mine sources not tapped before: German car loans and Dim Sum debt.
Seeking shelter from Europe’s resurgent sovereign debt crisis, Societe Generale and France’s three other large, listed banks -- BNP Paribas SA, Credit Agricole SA and Natixis SA --are seeking new ways of financing their balance sheets.