SocGen Posts Loss on Newedge Writedown, Legal Costs

Feb. 13 (Bloomberg) -- Bloomberg's Caroline Hyde recaps Societe Generale's fourth-quarter results and comments from CEO Frederic Oudea as the bank posted a fourth-quarter loss after writing down its stake in derivatives broker Newedge Group and setting aside funds for legal expenses. She speaks on Blomberg Television's "The Pulse."
Tech Mahindra Was Biggest Loser on Nifty Index
48:20 - Tech Mahindra shares tumbled in yesterday's trade after the company lowered its forecast for the coming quarters. Bloomberg's Sunanda Jayaseelan reports on "Trending Business." (Source: Bloomberg)
  • Indonesia's Record Bond Inflow May Lead to Slump
  • China's 'Magic Spell' for Stocks Didn't Work: Sanft
  • Hockey Says TPP 'Not Ready' for Australia's Signing