Commission Bancaire

SG moves on from Kerviel

Société Générale was sent reeling after revelations of a EUR4.9 billion rogue trading loss in January. Glaring weaknesses in the control processes were identified in an internal report, and the bank has started to take steps to address the issues. Nick…

Running out of time

Will banking supervisors be able to implement Basel II in time? Even when they agree on what they want, the differences between the G-10’s regulatory regimes make a level playing field unlikely.

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