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› People › Societe Generale
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Societe Generale
2
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Finance
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finance · City AM
Societe Generale said in January last year that unauthorised trades by a single dealer had caused it a €4.9bn (£4.1bn) loss.
“French bank Societe Generale said in January last year that unauthorised trades by a single dealer had caused it a €4.9bn (£4.1bn) loss”
4.9 €
4.1 £
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business · City AM
The losses made by Jerome Kerviel resulted in the resignation of the company’s chairman Daniel Bouton.
“The losses, made by Jerome Kerviel – who was then a junior trader with the bank – resulted in the resignation of the company’s chairman Daniel Bouton”
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