Societe Generale to sell two units to Swiss bank UBP for 900M euros

Paris, France — French banking giant Societe Generale said Monday it was selling two subsidiaries — one in Britain and the other in Switzerland — to Swiss bank UBP for around 900 million euros ($984 million). “Societe Generale has signed agreements with Union Bancaire Privee, UBP SA (UBP), a Swiss bank specialised in wealth and
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