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."

U.S. Jobs Report Shows Gains in High-Paying Industries
04:02 - Bloomberg's Erik Schatzker examines the changes in job creation shown in the U.S. April jobs report. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
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