Markets News Thursday: European shares fall; Société Générale dips after earlier rebound
By Finfacts Team
Aug 11, 2011 - 9:39 AM
http://www.finfacts.ie/irishfinancenews/article_1022905.shtml
Trading in France's second-biggest bank Société Générale, following a brief market suspension today, rebounded with the price rising almost 7% to €23.83.
Société Générale's shares plunged 14.7% on Wednesday, following rumours that the bank had problems with its exposure to Greek debt. However, SocGen’s chief executive Frederic Oudea gave a robust defence of his company to CNBC...
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