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Morningstar•November 19, 2022
Morningstar•November 19, 2022Société Générale Société anonyme: Good Underlying Performance at Societe Generale in Q2, but Loss on Russia Disposal Bites
Summary
Founded in 1884, Societe Generale is one of France's major banks. It was historically viewed as primarily a corporate and investment bank, but it has meaningful retail banking operations in France, Eastern Europe, Russia, and North Africa.
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Analyst Profile
Johann Scholtz
Equity AnalystJohann Scholtz is an equity analyst for Morningstar, Holland B.V., a wholly owned subsidiary of Morningstar, Inc. He covers European banks. Before joining Morningstar in 2017, Scholtz spent 11 years covering various sectors in South Africa as a buy- and sell-side analyst.Scholtz holds a Bachelor of Commerce degree in Finance from Stellenbosch University. He holds the Chartered Financial Analyst® designation and he is a Chartered Accountant CA(SA).
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