Kerviel Must Pay 1 Million Euros to SocGen, French Judges Say
Source: BFW (Bloomberg First Word)
Tickers
GLE FP (Societe Generale SA)
People
Jerome Kerviel (Lemaire Consultants & Assoc)
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UUID: 7947283
(Bloomberg) -- Jerome Kerviel was ordered to pay Societe Generale EU1m in damages as French judges say Societe Generale shares blame with convicted rogue trader because of failings in control systems.
Alert: HALISTER- Three-judge panel led by Patrick Wyon gives ruling Friday
- Ruling of Versailles court of appeals closes trial to determine how much Kerviel owes bank for EU4.9b trading loss over eight years ago
- SEE: Kerviel Gets Boost as Prosecutor Says He Owes SocGen Nothing Link
Source: BFW (Bloomberg First Word)
Tickers
GLE FP (Societe Generale SA)
People
Jerome Kerviel (Lemaire Consultants & Assoc)
To de-activate this alert, click here
UUID: 7947283