SocGen shares drop after new strategy flags little growth
Swiss drug ingredient maker Lonza39;s CEO to leave, shares fall
Nordic Semiconductor falls after Q3 guidance cut
STOXX 600 down 1.1

Sept 18 Reuters European shares fell on Monday as French bank Societe Generale39;s shares slumped after a keenly awaited strategic plan from its new CEO disappointed investors, while caution reigned ahead of a slew of central bank meetings this week.

The panEuropean STOXX 600 dropped 1.1 after rising close to 1.6 last week.

Societe Generale plummeted 12.1 to more than two month lows after France39;s thirdbiggest bank said it expected little, if any, growth in annual sales over the coming years.

The euro zone banks index dipped 1.9.

Dragging down the healthcare sector, Novo Nordisk shares lost 2.4 after a report showed that U.S. drug regulators had recently issued a report detailing quality control lapses at the group39;s Clayton, North Carolina plant.

Rising bond yields across the euro zone pushed ratesensitive real estate stocks down 2.6 following hawkish remarks by European Central Bank policymakers after the central bank raised borrowing costs by 25 basis points last week.

Slovak policymaker Peter Kazimir said the ECB39;s rate hike on Thursday might have been its last for now but policymakers would need until March to be sure and further rises could yet be ruled out.

In a busy week for central bank meetings, the Bank of England BoE is expected to hike rates for the 15th…