Nick Leeson
latest news & developments‘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…
How rogue bankers lose billions of dollars
The admission by French bank Société Générale on Thursday that a single trader had defrauded it of €4,9-billion ($7,15-billion) is just the latest example of how a rogue…
French bank hit by €4,9-billion fraud
French bank Société Générale (SocGen) disclosed one of the biggest alleged frauds in financial history on Thursday, adding to a wave of gloom surrounding world markets battered…