SocGen toxic assets down 600 million euro since June
By Lionel Laurent; Editing by James Regan | Sep 25, 2013 10:52 AM EDT
The slides of the presentation - due to be delivered by SocGen Chief Executive Frederic Oudea in London at 1030 GMT - said that non-investment grade assets left over from the 2008 financial crisis had fallen to 1.2 billion euros in September from 1.8 billion in June.
The presentation also said that the bank had already raised its long-term funding needs for 2013, with 21.4 billion euros raised from primarily unsecured issuance and private placements.
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