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SocGen fined over trading scandal
(AP) AP - France's central bank announced Friday that it has fined Societe Generale $6.3 million for "serious shortcomings" in its internal controls that led to nearly $7.8 billion in trading losses announced earlier this year. Home > Rss Directory > General > Yahoo News |
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Police search SocGen trader's apartment PARIS (Reuters) - French police searched the apartment of the Societe Generale dealer blamed for running up a $7 billion loss on Friday, but his family said he was a scapegoat for the world's worst rogue trading scandal. Home > Rss Directory > General > Reuters |
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Police search SocGen trader's apartment
(Reuters) Reuters - French police searched the apartment of the Societe Generale dealer blamed for running up a $7 billion loss on Friday, but his family said he was a scapegoat for the world's worst rogue trading scandal. Home > Rss Directory > General > Yahoo News |
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Checks by SocGen missed $73 billion wrong-way bet PARIS (Reuters) - French bank Societe Generale has admitted that a gap in control systems allowed a junior trader to take a $73 billion losing bet on European share prices, but defended its handling of the world's biggest trading scandal. Home > Rss Directory > General > Reuters |
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Checks by SocGen missed $73 billion wrong-way bet
(Reuters) Reuters - French bank Societe Generale has admitted that a gap in control systems allowed a junior trader to take a $73 billion losing bet on European share prices, but defended its handling of the world's biggest trading scandal. Home > Rss Directory > General > Yahoo News |
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Kerviel says SocGen must have known of his trades PARIS (Reuters) - The man at the center of a trading scandal at Societe Generale said that his activities could not have gone undetected by the French bank. Home > Rss Directory > General > Reuters |
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Kerviel says SocGen must have known of his trades
(Reuters) Reuters - The man at the center of a trading scandal at Societe Generale said that his activities could not have gone undetected by the French bank. Home > Rss Directory > General > Yahoo News |
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SocGen boss survives and says bank can too PARIS (Reuters) - Societe Generale fought off political pressure to sack its chairman on Wednesday after suffering the world's worst financial trading scandal, but the French bank failed to quash persistent takeover speculation. Home > Rss Directory > General > Reuters |
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SocGen boss survives and says bank can too
(Reuters) Reuters - Societe Generale fought off political pressure to sack its chairman on Wednesday after suffering the world's worst financial trading scandal, but the French bank failed to quash persistent takeover speculation. Home > Rss Directory > General > Yahoo News |
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SocGen trader Kerviel gets out of jail PARIS (Reuters) - Jerome Kerviel, the Frenchman blamed by his company for the world's biggest rogue trading scandal, left jail on Tuesday after winning a legal battle against detention. Home > Rss Directory > General > Reuters |
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Regulators probe SocGen over rogue trader scandal Will the SEC get in on the act? Société Générale may face a US inquiry on its handling of the rogue trader scandal that cost the company €4.9bn ($7.2bn).… Home > Rss Directory > General > The Register |
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SocGen humbled by rogue trader scandal PARIS (Reuters) - French bank Societe Generale faced tough questions on Friday over how it failed to spot the biggest rogue dealing fraud in history, in which a single young trader triggered a $7 billion loss under the noses of top executives. Home > Rss Directory > General > Reuters |
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SocGen humbled by rogue trader scandal
(Reuters) Reuters - French bank Societe Generale faced tough questions on Friday over how it failed to spot the biggest rogue dealing fraud in history, in which a single young trader triggered a $7 billion loss under the noses of top executives. Home > Rss Directory > General > Yahoo News |
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2nd Trader Questioned in SocGen Scandal French police question a man over his relationship with rogue trader Kerviel. Home > Rss Directory > Business > ABC News |
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French Bank Replaces Chief After Rogue Trading Scandal Société Générale, the French bank that was rocked by a multibillion-dollar rogue trading scandal, said late Thursday that Daniel Bouton would step aside as chief executive. Home > Rss Directory > Business > NY Time |
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SocGen hit by rogue trader fine French bank Societe Generale is fined 4m euros for allowing one of its staff members to operate as a rogue trader. Home > Rss Directory > General > BBC World |
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Profit Falls at French Bank Hit by Trading Scandal Société Générale, which lost nearly $7.2 billion in a trading scandal this year, said quarterly net profit fell 63 percent, on write-downs and after its investment banking unit posted a loss. Home > Rss Directory > Business > NY Time |
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IT security controls partly blamed for SocGen debacle Traders face biometrics tabs Weak security controls have been partly blamed for the rogue trader scandal at Société Générale that cost the bank €4.9bn ($7.2bn).… Home > Rss Directory > General > The Register |
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SocGen trader 'may have had help' The rogue trader at the heart of a scandal at Societe Generale may have had help, a report says. Home > Rss Directory > General > BBC |
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SocGen trader 'was helped' The rogue trader at the heart of a scandal at Societe Generale may have had help, a report says. Home > Rss Directory > General > BBC World |