French bank Societe Generale's deputy chief executive said the company is eyeing a 10 percent core capital ratio under tougher Basel III rules by end-2013, higher than its official target of 9.5 ... more 
French bank Societe Generale's deputy chief executive said the company is eyeing a 10 percent core capital ratio under tougher Basel III rules by end-2013, higher than its official target of 9.5 percent. SocGen, like banks across Europe, is cutting costs and selling securities to meet tougher post-crisis rules on bank risk and to soothe investors worried about balance-sheet robustness. less 
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Wed, Sep 11, 2013 7:22 AM EDT