Banks Video: Shrinking investment bank saps SocGen profits Add to ... Reuters Published Wednesday, Aug. 01, 2012 7:23AM EDT Last updated Wednesday, Aug. 01, 2012 7:23AM EDT French bank Societe Generale reports a worse-than-expected 42 per cent drop in second-quarter earnings, hit by one-off write-downs on U.S. fund unit TCW and Russian subsidiary Rosbank. Watch More Video: Market Call Tonight: Top Picks from Stephenson & Co.'s John Stephenson ECB's Draghi stays quiet about future policy The ECB hasn't made any impact with recent moves: Milner California launches Wells Fargo criminal probe Nestle cuts sales outlook as growth disappoints Stocks nudge higher after U.S. presidential debate U.S. visitors overtake U.K. as Kenya tourism looks up Higher cyber security standards for banks Returning workers could slow U.S. rate hike Jim Pattison: A business icon's view on real estate and the economy Market Call Tonight: Top Picks from Canoe Financial's Steve DiGregorio BHP sees signs of commodity recovery Bank of Canada leaves key interest rate unchanged Will King's death hurt Thailand's economy? Trading rebound fuels Morgan Stanley What lies beneath China's 6.7% GDP growth How big of a problem is poverty in retirement? Vancouver needs to build more homes in order to tackle the affordability issue, B.C. finance minister says Goldman's profit surges on trading Market Call Tonight: Top Picks from Barometer's David Burrows Comments AA More Related to this Story Top Picks Video: BNN Market Call's top picks Past Picks Video: BNN Market Call's past picks Economy Video: Bernanke to wave his magic wand?