While appetite for structured products helped the firm's trading revenue drop less than many peers in deep overhaul mode, such as Deutsche Bank AG, SocGen is still dealing with the legacy of alleged past misconduct, including a US probe into violations of trade sanctions. "We have these litigations, we'll try to put that behind us as quickly as possible," Mr Oudea said in an interview with Bloomberg Television. For now, "there is no significant development" on any outstanding legal cases, he said. The higher legal charges helped push second-quarter net income down 28 per cent to 1.06 billion euros, in line with the average estimate of six analysts compiled by Bloomberg. The stock declined as much as 4.3 per cent to 48 euros and was trading down 3.3 per cent to 48.5 euros as of 9:09am local time.