Better known as SocGen, its reputation was dented after news that a rogue trader, Jerome Kerviel, had lost it more than the equivalent of US$7 billion. Kerviel was subsequently sentenced to three What You Can Learn about Risk Management from Societe Generale As an arbitrage trader, Kerviel should have been making transactions in pairs, buying and selling similar assets to exploit the News > World > Europe Capitalism in the dock as Kerviel goes on trial Rogue trader Jérôme Kerviel is on trial. The case for the defence: the insanity of global banking culture.

A French court rejected the appeal of ex-SocGen's "rogue trader" Jerome Kerviel, Bloomberg News reports. Kerviel, 37, is currently on a backpacking trek from Rome to Paris. Former Societe Generale trader Jerome Kerviel was sentenced to three years in prison for his role in France's biggest rogue-trading scandal on Wednesday and ordered to repay the bank 4.9 billion A former Societe Generale trader, Kerviel was convicted in 2010 by the French courts of going rogue after his fraudulent activities cost the investment bank €4.9bn (£4bn, $6.7bn). Which brings us to this man….. Currently Trader and Market Maker Two years as Assistant Trader Two years in "Middle Office", Compliance Dept. Employed by SocGen since 2000 Masters in Finance Jerome Kerviel, 6. A lawyer for the French trader accused of massive fraud at Societe Generale said bank bosses "condoned" his client's trades, contradicting bank statements that the trader acted on his own. Jerome Kerviel, the former Societe Generale trader who brought the bank to the brink of collapse in 2008 by placing bets worth 50 billion euros ($69.5 billion), has been sentenced to at least three years in jail but will shed the title of "most indebted man on earth" after six years of legal battles.

Societe Generale rogue trader Jerome Kerviel appeal dismissed Former trader Jerome Kerviel has been ordered to spend three years in prison and pay back 4.9 billion euros (£3.9 billion) in damages

A French court has cut the damages owed by the former Société Générale trader Jérôme Kerviel from €4.9bn (£4.2bn) to €1m.. The appeal court in Versailles ruled on Friday that Kerviel The judges sided with SocGen in saying that Kerviel's 2012 criminal conviction -- confirmed by France's top court two years later -- specifies that the former trader went behind the back of "Rogue trader" Jérôme Kerviel breaks his silence to say he will no be made a scapegoat, John Lichfield, in The Independent, February 5, 2008 SocGen's Jérôme Kerviel jailed pending trial, David Litterick, in Telegraph, February 10, 2008 Société Générale fraud: second man held, Bonnie Malkin, in Telegraph, February 10, 2008 The trial of alleged rogue trader Jerome Kerviel, due to begin next week, will dredge up uncomfortable memories for former employer Societe Generale as the French bank tries to focus on its new "Kerviel knowingly went beyond his remit as a trader," presiding judge Dominique Pauthe told the court. Kerviel's defence was the bank knew about the risk-taking and was content while he was Jerome Kerviel, the former Societe Generale trader who brought the bank to the brink of collapse in 2008 by placing bets worth $69.5 billion has been sentenced to at least three years in jail but

PARIS The Paris appeals court on Wednesday ordered former Societe Generale trader Jerome Kerviel to spend three years in prison and pay back about $7 billion in damages for one of the biggest

Maxime Kahn, the former Societe Generale SA official who helped unravel the wreckage left by convicted rogue trader Jerome Kerviel, is preparing to start his own hedge fund to bet on rising and A French labor court Tuesday awarded Jérôme Kerviel, the Société Générale SA trader convicted in 2010 of bringing the bank to the brink of collapse, a total of €450,000 ($511,000) because By Chine Labbé and Maya Nikolaeva VERSAILLES, France (Reuters) - Former Societe Generale trader Jerome Kerviel is liable for only 1 million euros ($1.12 million) of the 4.9 billion euros in Former Société Générale trader Jérôme Kerviel will find out this week whether he is heading to prison or walking free for taking huge, risky bets that cost SocGen €4.9-billion. F rench bank Societe Generale has been ordered to pay Jérôme Kerviel €450,000 (£350,000) for "wrongful dismissal" despite the fact that the rogue trader lost his former employer almost

F rench bank Societe Generale has been ordered to pay Jérôme Kerviel €450,000 (£350,000) for "wrongful dismissal" despite the fact that the rogue trader lost his former employer almost

Kerviel joined the middle offices in the bank Société Générale in the summer of 2000, working in its compliance department. In 2005 he was promoted to the bank's Delta One products team in Paris where he was a junior trader. Société Générale's Delta One business includes program trading, exchange-traded funds (ETFs), swaps, index and quantitative trading. Former Societe Generale junior trader Jerome Kerviel poses in a hotel in the Paris suburb of Neuilly during an exclusive photo session. Reuters/Philippe Wojazer It's not a normal - or low risk Jerome Kerviel, the former Societe Generale trader who brought the bank to the brink of collapse in 2008 by placing bets worth $69.5 billion has been sentenced to at least three years in jail but Ex-junior trader of France's Société Générale, Jerome Kerviel, dubbed the "poorest man in the world" after incurring a fine of $6.7 billion after his market bets turned sour.

Former Societe Generale trader Jerome Kerviel was convicted on all counts today in one of history's biggest trading frauds, sentenced to three years in jail and ordered to pay the bank a mind

AFP - The ex-boss of French bank Societe Generale said its 2008 trading scandal was a "catastrophe" caused by Jerome Kerviel's "lies", at the former trader's trial Tuesday. "It was a catastrophe Rogue trader Kerviel's fine slashed to 1M euros PARIS--A French appeals court ruled Friday that former trader Jérôme Kerviel is only responsible for a sliver of the EUR4.9 billion ($5.47 Jerome Kerviel, the French trader who has gained world-wide noteriety for single-handedly undertaking unauthorized trades that cost his employer $7.1 billion, maybe wasn't so single handed. Former Société Générale trader Jerome Kerviel is liable for only €1m of the €4.9 billion in losses he racked up at the bank, and not the whole amount, a French court has ruled. SocGen trader Kerviel is jailed Jerome Kerviel will have to stay in prison during the investigation. Kerviel's lawyer. The Paris appeals court has ordered the Societe Generale trader Jerome Kerviel to be jailed while massive losses at the bank are being investigated. Former Societe Generale trader Jerome Kerviel testified Tuesday that he was "encouraged" by his bosses to take risks, on the first day of his trial over the multibillion-euro scandal at the Former Societe Generale trader Jerome Kerviel (C) arrives with his lawyer David Koubbi (L, partiallly hidden) for the first day of his trial to appeal his three-year jail term in Paris June 4, 2012.

The Omen. How an obscure Breton trader gamed oversight weaknesses in the banking system. Kerviel had to use SocGen funds to pay for the real contracts, but no money would have changed hands Societe Generale characterizes Kerviel as a rogue trader and claims Kerviel worked these trades alone, and without its authorization. Kerviel, in turn, told investigators that such practices are widespread and that getting a profit makes the hierarchy turn a blind eye. After winning by wagering on the market's decline, Kerviel had recently switched his positions to bet on a recovery of Germany's DAX Index and the pan-European Euro Stoxx Index, Societe Generale