Thursday, May 3, 2012

Reuters: Financial Services and Real Estate: SocGen's Oudea says confident in future after Q1

Reuters: Financial Services and Real Estate
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SocGen's Oudea says confident in future after Q1
May 3rd 2012, 08:36

PARIS | Thu May 3, 2012 4:36am EDT

PARIS May 3 (Reuters) - Societe Generale Chief Executive Frederic Oudea said on Thursday he was confident in the French bank's future outlook after a strong start to the year.

"(The first quarter) allows us to look to the future with confidence," the CEO told journalists on a conference call.

The bank's underlying operations put in a good performance in the first quarter, and funding requirements are more or less covered for the whole of 2012, Oudea added. (Reporting by Lionel Laurent; Editing by James Regan)

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