PARIS Feb 13 French bank Societe Generale
swung to a loss in the fourth quarter on the back of
euro-zone weakness and one-off charges and pledged to further
cut costs over the next three years.
France's No. 2 listed bank racked up a quarterly net loss of
476 million euros ($641 million), it said on Wednesday, compared
with a net profit of 100 million for the year-ago period.
Analysts had been expecting a loss closer to 237 million
euros, according to a Reuters poll of eight analyst estimates.
($1 = 0.7427 euros)
(Reporting by Lionel Laurent; Editing by James Regan)