Francois departs SG following trading losses

- By Risk Staff
- 01 Feb 2008

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Luc Francois stepped down from the position of head of global equities derivatives at Societe Generale, a day or so before the bank revealed publicly the "exceptional fraud in a sub-section of its market activities" on January 24 (see News section, page 4).

On January 24, SG chairman Daniel Bouton announced that the group's board of directors had approved his "decision to terminate the mandates of the managers, including the executive managers, involved in the breakdown of the supervision systems

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net