Credit rating - A pre - tax profit of € ##100 m ( $ 1.06bn ) , up 6 % YoY , due to a large valuation adjustment and strong retail banking results which helped to offset lower lending volumes from volatile markets .
Societe Generale - 1Q16 pre-tax profit of €924m ($1.06bn), up 6% YoY, due to a debt valuation adjustment and strong retail banking results which helped to offset lower trading revenue from volatile markets.