French rogue trader Jerome Kerviel said he was a scapegoat after being jailed for three years and ordered to pay back the five billion euros.
A Paris court on Tuesday sentenced rogue trader Jerome Kerviel to three years in jail and ordered the 33-year-old to pay back the five billion euros.
Accused rogue trader Jerome Kerviel went on the attack against his former bank employers before they gave their first evidence on Wednesday.
Alleged rogue trader Jerome Kerviel went on trial on Tuesday, accused of unauthorised deals that cost Société Générale €5-billion.
A Paris court on Tuesday freed Jerome Kerviel, the trader accused of causing record losses at French bank Société Générale, pending investigation, his lawyers said. Société…
Police arrested an employee from the trading room of Société Générale on Wednesday as part of their investigation into an alleged rogue trading scandal at the French bank, Europe…
French President Nicolas Sarkozy sharply criticised the chairperson of scandal-hit bank Société Générale in an interview published on Tuesday, saying his response to billion-euro…
Société Générale, at the centre of a huge trading scandal, began investigating trades executed by Jerome Kerviel months before his activities were exposed in January, a media…
Lawyers for Jerome Kerviel, the rogue trader blamed by French bank Société Générale for huge losses, lodged an appeal against his detention, the Paris prosecutor’s office said on…
Société Générale launched a discounted â,¬5,5-billion capital increase on Monday to prop up its finances and heal scars from the world’s biggest rogue trading scandal. The…
Other banks and the French taxman stand to make hundreds of million of dollars as Société Générale boosts its capital with a deeply discounted rights issue after rogue trading…
A new court battle will be held on Monday over the detention of French rogue trader Jerome Kerviel. The decision by a Paris appeals court on Friday to back a prosecution demand…
A second trader suspected of involvement in the multibillion-dollar losses at Société Générale bank was taken for questioning by judges on Saturday. The unnamed broker at Société…
A French inquiry into a €4,9-billion trading loss at Société Générale widened to a second broker on Friday as investigators sought to establish whether rogue trader Jerome…
Société Générale was braced for fresh criticism from France’s top central banker on Tuesday as the man the bank blames for its record trading losses spoke out against his former…
Accused French rogue trader Jerome Kerviel walked free after judges placed him under formal investigation on Monday for his role in $7-billion of losses at Société Générale but…
Asian and European stock markets fell sharply again on Monday as investors worried about possible recession and a forthcoming interest-rate call in the United States, analysts…
