Jerome Kerviel
Kerviel sentence and fine 'laughable', says consultant
French rogue trader floored by decision for him to repay up to €4.9 billion
Former Société Générale manager fined for insider trading
Jean-Pierre Mustier fined €100,000
French banks under pressure to hold more op risk capital
Rogue traders and a worsening financial crisis are leading French regulators to put pressure on banks to hold more capital for op risk
One bad year
2008 Review
Back in fashion
Operational risk
Firms heed Kerviel lesson by linking front and back offices
Daily news headlines
CEBS analyses op risk impact of Société Générale fraud
Daily news headlines
SG's Kerviel report blames supervisors and accomplice
Inattention by inexperienced supervisors and an accomplice in the bank's middle office helped Jerome Kerviel carry out rogue trades that lost Société Générale €4.9 billion in January this year, according to reports released by the bank today.
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…
Police question second SG employee
A new lead has emerged in the recent case of unauthorised trading at Société Générale (SG), which cost the bank €4.9 billion in January.
Genius or blunder?
As more details emerge on the rogue trading scandal that caused a EUR4.9 billion loss, Société Générale appears more a victim of risk management failures than of a genius of fraud. But is this case a one-off, or are other institutions similarly…
Confirmations in the spotlight
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