ECB RAISES SOCGEN'S 2027 CAPITAL REQUIREMENT

The European Central Bank told Societe Generale ($SCGLY) that its minimum CET1 capital ratio will rise to 10.41% starting January 1, 2027, alongside a Tier 1 floor of 12.33% and a total capital floor of 14.89%. The bank already reported a 13.2% CET1 ratio as of June 30, 2026, leaving it roughly 280 basis points above the new regulatory floor. The notice also lifts Societe Generale's Pillar 2 requirement to 2.37%, with at least 1.39% required in CET1 form.