Search for: "Societe Generale" Results 141 - 160 of 176
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27 May 2008, 12:34 pm
They had been saving their anger ever since the trading scandal at the French bank Société Générale broke in January. [read post]
3 Apr 2008, 12:18 pm
” “There was a time, Charon, when I could run to a decent bottle… but I didn’t see the news coverage about Northern Rock or reasonably foresee that a Frenchman would run amok at Societe Generale. [read post]
19 Mar 2008, 4:25 am
BNP Paribas, France’s biggest listed bank, said on Wednesday that it has decided not to pursue a possible tie-up with rival Société Générale, which has been hit by a trading scandal. [read post]
18 Mar 2008, 7:45 am
[JURIST] French "rogue trader" Jerome Kerviel [BBC profile] was released from prison Tuesday after a French court ordered that he be freed while the investigation continues into fraudulent activity allegedly conducted by Kerviel while employed at French Bank Societe Generale [corporate website]. [read post]
15 Mar 2008, 4:58 am
On January 25, 2008, it was revealed that Jerome Kerviel, a futures trader of the Societe Generale had entered into unauthorized transactions that cost France's second largest bank Euro 4.9 billion (US$ 7.8 billion), approximately Rs. 32,000 crores. [read post]
13 Mar 2008, 7:39 am
An employee of Société Générale who was questioned by French police in an investigation of rogue trading at the bank has been freed, the Paris prosecutor’s office said Thursday. [read post]
12 Mar 2008, 8:27 am
A Societe Generale spokesperson did not name the man but did confirm that he is not the same banker questioned in late February [JURIST report]. [read post]
12 Mar 2008, 6:29 am
The French bank Societe Generale said Wednesday that another trader has been taken into custody for questioning in connection with a multibillion dollar trading scandal. [read post]
11 Mar 2008, 4:52 am
Societe Generale, seeking to restore its status as a top-tier bank after a massive trading scandal, said Tuesday it had raised 5.5 billion euros ($8.44 billion) in new capital through a share offering. [read post]
10 Mar 2008, 2:35 am
  Moreover, we now live in a time when technological advancements can exacerbate risks, as the $7 Billion loss at the French Bank, Societe Generale, in January 2008, all attributable to the deception of one rogue trader, dramatically illustrates.So, trust your intuition. [read post]
29 Feb 2008, 10:00 am
Imagine a major U.S. bank with a world-class equity derivatives trading practice; a "rogue" trader bypasses internal risk controls to place risky bets over the course of a few years. [read post]
29 Feb 2008, 5:16 am
  The piece from Salman Banaei looks at the scandal in France involving the "rogue" trader at Societe Generale and the differences the consequences to top management. [read post]
21 Feb 2008, 6:56 pm
The man, who worked for Societe Generale affiliate Fimat [bank website], was originally questioned [JURIST report] by French authorities [read post]
8 Feb 2008, 7:16 am
[JURIST] The Paris appeals court [official website, in French] Friday ordered accused "rogue trader" Jerome Kerviel [BBC profile] held in custody while an investigation continues into $73 billion worth of unauthorized trades [AP timeline] he allegedly made while working for French bank Societe Generale [corporate website]. [read post]
8 Feb 2008, 12:42 am
[JURIST] French authorities questioned a second "rogue trader" Friday in their investigation into the massive financial losses of French Bank Societe Generale [bank website], Le Monde reported Friday. [read post]
3 Feb 2008, 2:03 pm
At Re: The Auditors, Francine McKenna takes a look at the massive trading losses absorbed by Societe Generale and the decision of a special committee of its board of directors to bring in "independent auditors" PriceWaterhouseCoopers to assist in looking at the causes of the loss and its extent. [read post]
1 Feb 2008, 2:30 pm
" Unlike most of his compatriots at Societe Generale, Kerviel had no doctrorate in "astrophysics or nuclear science," didn't attend "Polytechnique, the MIT of France," or "Ecole Nationale d'Administration," the snobbish bureaucrat factory. [read post]
31 Jan 2008, 12:29 am
The Wall Street Jrl (here) points out yet another difference between the French and the United States when discussing the support the CEO received from the board of directors at Societe Generale. [read post]
30 Jan 2008, 8:10 am
According to a statement from Societe Generale, which held its regularly scheduled board meeting [...] [read post]
30 Jan 2008, 12:09 am
" French Prosecutor Seeks Charges Against Societe Generale Trader The Associated Press Investigating judges have filed preliminary charges against a trader accused of causing billions of euros in losses at Societe Generale, France's second-largest bank. [read post]