Rogue trade forces SocGen management shake-up

Société Générale has reshuffled top management in the wake of the rogue trade which cost the bank €5 billion.

Christophe Mianné, who was promoted to head of global markets last month, has now returned to head the global equities and derivatives division. He replaces Luc François, who has now left the bank.

Olivier Khayat, formerly co-head of capital raising and financing, has moved to succeed Marc Breillout as head of fixed income, currencies and commodities; Breillout is also understood to have

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