Societe Generale suffered a sharp fall in equities revenues in the third quarter, leading the bank's global banking and investor solutions business to a 6% fall in revenues, but profits still increased.

The French bank on Thursday reported revenues of €2.1 billion in its global banking and investor solutions division, down 5.5% on a year ago on a like-for-like basis. Revenues were up almost 2% when not adjusted for changes in group structure and exchange rates.