--Societe Generale is considering strategic options for its asset custodian-unit Societe Generale Securities Services, including a potential sale, Bloomberg reports.

--The French bank is currently working with Citigroup on a potential deal as part of efforts to dispose of poorly performing businesses, the news agency says, citing unnamed sources.

--The unit could be valued at over EUR1 billion ($1.09 billion), according to Bloomberg.

Full story: https://shorturl.at/HIRUX

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

August 04, 2023 11:15 ET (15:15 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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