Bank Of France
latest news & developmentsCourt frees trader Kerviel pending probe
A Paris court on Tuesday freed Jerome Kerviel, the trader accused of causing record losses at French bank Société Générale, pending investigation, his lawyers said. Société…
Société Générale trader faced earlier inquiry
Société Générale, at the centre of a huge trading scandal, began investigating trades executed by Jerome Kerviel months before his activities were exposed in January, a media…
New twists ahead in France’s rogue-trader saga
A new court battle will be held on Monday over the detention of French rogue trader Jerome Kerviel. The decision by a Paris appeals court on Friday to back a prosecution demand…
Société Générale braced for criticism, Kerviel speaks out
Société Générale was braced for fresh criticism from France’s top central banker on Tuesday as the man the bank blames for its record trading losses spoke out against his former…
‘Mr Average’ perpetrated biggest trading fraud
Jérôme Kerviel, a shy and introverted young city trader, lived on a tree-lined street in Neuilly-sur-Seine, the wealthy Paris suburb dubbed Sarkozyland in honour of its famous…