SocGen to sell Belgian private banking unit – L'echo

France’s third-biggest bank is exploring a sale of its private banking unit in Belgium, L’echo reports, citing several unnamed sources Possible buyers include Degroof Petercam, Puilaetco Dewaay, Credit Agricole’s Indosuez or Banque Transatlantique European private banking sector is undergoing a consolidation, as smaller players face pressure on profitability from rising…