SocGen CEO: Russia ops to hit 15 pct ROE by 2015
MOSCOW, June 19
MOSCOW, June 19 (Reuters) - French bank Societe Generale aims to deliver a sustainable return on equity of over 15 percent on its Russia operations by 2015, SocGen Chief Executive Frederic Oudea said on Wednesday.
"Our teams are pursuing a clear turnaround roadmap," Oudea told a media event in Moscow, citing a focus on optimising costs while growing revenues and keeping risks under control.
(Reporting by Lionel Laurent; editing by Geert De Clercq)