Best Bank Companies To Watch In Right Now

Best Bank Companies To Watch In Right Now: Societe Generale (GLE)

Societe Generale SA is a financial services company. The Company offers advisory and other services to individual customers, companies and institutions. The Company operates in five divisions: French Networks, International Retail Banking, Corporate and Investment Banking, Specialised Financial Services and Insurance, and Private Banking, Global Investment Management and Services. It operates Retail Banking in France under the Societe Generale, Credit du Nord and Boursorama brands. Its International Retail Banking is present in Central and Eastern Europe, Russia, the Mediterranean Basin, Sub-Saharan Africa, Asia and in the French Overseas territories. Private Banking, Global Investment Management and Services consist of four activities: Private Banking, Asset Management, Societe Generale Securities Services and Brokers. Advisors' Opinion:

• [By Namitha Jagadeesh]

  BNP Paribas SA (BNP), Societe Generale SA (GLE) and Credit Agricole SA (ACA), Frances largest banks by market value, reported second-quarter profit that exceeded analysts estimates. Paris-based Societe Generale, which said income more than doubled from a year earlier, trades at 10.8 times projected earnings, 64 percent below its 2009 high. Credit Agricole trades at 8.6 times projected profit and BNP Paribas at 10.7 times, according to data compiled by Bloomberg.

• [By Alexis Xydias]

  Banks led the rally over the past four months, with Paris-based Societe Generale SA (GLE) and UniCredit SpA (UCG), Italys biggest lender, surging more than 45 percent.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-bank-companies-to-watch-in-right-now.html