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: Obama: World Leaders 'Rattled' By Trump Oil strikes push France into reserves Spain's U.K. expats get Brexit blues Microsoft's phone experiment: Lessons for Blackberry and Apple Three tips for keeping your credit score healthy Bank of Canada rate decision: Reaction Getting back to reality with oil inventories ETFs for a low-rate environment Rates on hold until 2018? - Part Two Rates on hold until 2018? Market Call Tonight: Top Picks from Caldwell's Jennifer Radman Oil prices hit a 7-month high Global slowdown maybe but not in Germany Who are the highest paid CEOs? Millennials more likely to live with parents than spouse in U.S. Trump defends 'housing crash' remarks G7 search for holy grail: growth Microsoft to trim smartphone business, cut 1,850 jobs Is Greek debt deal really a breakthrough? Monsanto rejects Bayer but open to talks 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?