Posts tagged with the keyword: ‘record losses’

Jerome Kerviel to stand trial next year

Jerome Kerviel to stand trial next year

• Jerome Kerviel accused of causing record €4.9bn losses for French bank• Trader faces up to five years in prison and €375,000 in fines if convicted

Former Société Générale trader Jerome Kerviel is to stand trial next year over claims that he cost the bank billions of euros through a series of allegedly rogue transactions.
The bank [...]

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