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SocGen's Q4'17 group net income falls YOY to €3M from €421M

Société Générale SA posted fourth-quarter 2017 group net income adjusted for revaluation of own financial liabilities and debt value adjustment on derivative instruments of €3 million, a sharp fall from €421 million in the year-ago period.

Adjusted net banking income increased to €6.23 billion in the quarter from €6.18 billion in the fourth quarter of 2016.

More details to follow.