Societe Generale Is Now A Deep Value Play

Societe Generale ( OTCPK:SCGLY ) (SocGen) is one of the cheapest banks in Europe, trading at only 0.32x book value, at a steep discount to the European banking sector (which on average is trading at close to book value), and also at a discountLabutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associat ...