BLOOMBERG Bloomberg Daybreak Europe July 13, 2024
Facebook surges as advertising revenue holds up amid the pandemic. Socgen. Hear from later, shell ceo. Dont miss it. Manus good morning to you. 1. 7 3 billion people on facebook during covid19. Socgen doing more than being on facebook. It loses 326 Million Euros in the First Quarter. The Global Banking division, revenue down. Down by 27 . The revenue at the bank is down by 16 . You have a net loss in terms of guidance, expressing their guidance for the cost of risk in basis points. They are saying 70 basis points in 2020. The underlying return on equity is a negative number, 0. 5 . Loss revenu...