A general view shows French bank Societe Generale headquarters buildings in La Defense near Paris, France, February 11, 2016. REUTERS/Benoit Tessier/File Photo
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Shares in Societe Generale tumbled Friday as the French bank reported weak earnings with scandals over alleged bribery and possible rate rigging still hanging over the lender.Revenue was down 2.8 percent to 6.3 billion euros, the bank said in an earnings statement.Analysts at Jefferies called the results "disappointing", pointing to weakness in corporate and investment banking operations, partly due to the bank's exposition to global market's hit by a weaker dollar.While the bank's board confirmed that Frederic Oudea, seen as a pillar of stability, would remain CEO for another four years, other top managers have been replaced, the bank said Thursday.
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