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Societe Generale lifts profitability target to 2029, plans deeper cost cuts

Societe Generale lifted a key performance target to 2029 and pledged deeper cost cuts to achieve it under a new strategic plan announced Monday, as part of CEO Slawomir Krupa’s turnaround.

GLEBNP

By Tommy Reggiori WilkesSociete Generale EURONEXT:GLE lifted a key performance target to 2029 and pledged deeper cost cuts to achieve it under a new strategic plan announced on Monday, marking the next phase of CEO Slawomir Krupa's turnaround of the French lender.France's second-biggest listed bank…

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