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Societe Generale profit more than doubles

The French bank said second-quarter net profit more than doubled, buoyed by its international retail network and its investment-banking business

French bank Societe Generale said second-quarter net profit more than doubled, buoyed by its international retail network and its investment banking business.

The bank on Thursday confirmed its guidance for the next two years, and said in a statement it is "confident in its ability" to achieve a return on equity of 10% by the end of 2015.

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