Going still tough for European lenders

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Two of Europe’s biggest banks are finding the low interest rate environment tough. As David Pollard reports, Commerzbank says it needs to do more to get back to sustainable growth and Societe Generale plans to float a stake in its vehicle leasing unit ALD, as part of efforts to diversify further away from retail banking.

Going still tough for European lenders

Tags : Societe generale, Societe generalebanking, Socgen, Euro zone, Commerzbank, Banking

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