Update-Moody's assigns Ba3(hyb) to Societe Generale's subordinated notes; outlook stable

Thu Aug 22, 2013 6:55am EDT

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Societe Generale

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.