Rogue trader Kerviel at courthouse in Paris
Former Societe Generale derivatives trader Jerome Kerviel leaves the financial investigation unit of the Paris courthouse, December 17, 2008. Kerviel, who is blamed by Societe Generale SA for its record trading lost, abused his bosses' trust and exploited holes in the bank's security system. (UPI Photo/Eco Clement)
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LONDON, Sept. 17 (UPI) -- Charges filed against an alleged rogue UBS trader in London revealed that his unauthorized bets, which recently lost $2 billion, may have begun in 2008.
PARIS, Oct. 5 (UPI) -- A French court Tuesday ordered rogue Societe Generale trader Jerome Kerviel to spend a minimum of three years in prison and pay back the bank $6.7 billion.
PARIS, Aug. 3 (UPI) -- A French police report backs assertions by Societe Generale bankers they knew nothing of the massive risky investments by trader Jerome Kerviel, sources say.
PARIS, March 18 (UPI) -- A French court agreed Tuesday to release Societe Generale trader Jerome Kerviel, who is accused of losing $7.2 billion in unauthorized trading.
PARIS, March 14 (UPI) -- Rogue French trader Jerome Kerviel said his supervisor at Societe Generale witnessed a large, fictitious transaction, a court summary of his statements said.
PARIS, March 13 (UPI) -- French police Thursday released Societe Generale employee Manuel Zabraniecki after only a few hours of questioning about a $7.2 billion loss in rogue trading.
PARIS, March 12 (UPI) -- A broker at Societe Generale has been arrested in connection with a $7 billion trading scandal at the French bank, police said Wednesday.
PARIS, Feb. 9 (UPI) -- French authorities have released a second suspect in the $7.2 billion Societe Generale rogue trading scandal, a report said Saturday.
PARIS, Jan. 30 (UPI) -- Political pressure is building for France's scandal-plagued Societe Generale bank to fire the bank's chairman and other top executives.
PARIS, Jan. 28 (UPI) -- French Finance Minister Christine Lagarde said Monday that Societe Generale trader Jerome Kerviel "acted alone" in a $7.35 billion trading scandal.
