Societe Generale’s revenues jumped on improved performance from its equities trading unit, as the French bank looks to slim down non-core units under its new chief executive.

The French bank posted revenue of €6.7bn for the second quarter of 2024, an increase of around 7% on the same period last year. The increase was driven by Societe Generale’s investment bank, which has refocused on its core equities trading unit in recent years.