SocGen Considers Shutting $4.7 Billion Prop-Trading Unit
The headquarter skyscraper offices of Societe Generale SA, center, stand in La Defense business district of Paris, France. (Photographer: Marlene Awaad/Bloomberg)

SocGen Considers Shutting $4.7 Billion Prop-Trading Unit

(Bloomberg) -- Societe Generale SA is considering closing its proprietary-trading unit, people familiar with the matter said, a week after French rival BNP Paribas SA decided to shut its operation.
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