Societe Generale issues profit warning as shares drop the most since 2011
France's second largest lender joins other European banks in depressed earnings for Q4
Earnings at the French bank Societe Generale have dropped 35 per cent, missing analysts estimates.
Regulatory pressures,low interest rates and volatile markets are being cited as reasons for the slump.
Share price dropped 15 per cent, to 26.61 euros at 11.47 am Paris time this morning, the biggest decline since 2011.
Profits at the bank's global banking and investor services unit which includes trading, private banking and custody slipped 275 million euros in ...
