SocGen Eyes 10% Capital Ratio By End-2013 - Presented by: The Aol. On Network

French bank Societe Generale's deputy chief executive said the company is eyeing a 10 percent core capital ratio under tougher Basel III rules by end-2013, higher than its official target of 9.5 percent. SocGen, like banks across Europe, is cutting costs and selling securities to meet tougher post-crisis rules on bank risk and to soothe investors worried about balance-sheet robustness.



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