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PARIS — Societe Generale chairman Daniel Bouton said Wednesday he will resign from the French bank, saying repeated attacks on him were a threat...
Raymond J. Learsy | Posted 04.20.2009 | Business
If there has ever been an example of "sow and ye shall reap" gone awry, it is the madcap stripping of the national treasure by those who have brought us to the edge of the cliff.
The Independent | John Lichfield | Posted 02.23.2009 | World
The five billion euros man, Jérôme Kerviel, stepped involuntarily out of the shadows yesterday, 12 months after he became the most talked about, and...
AP | PIERRE ANTOINE SOUCHARD | Posted 02.22.2009 | Business
PARIS — French judges questioned former Societe Generale trader Jerome Kerviel and his former boss Thursday in possibly his last hearing in the ...
Diane Francis | Posted 02.09.2009 | Business
The $50-billion fraud, allegedly perpetrated by New York's Bernie Madoff, is a predictable outcome following the collapse of a speculative bubble. Big bubbles attract bigger crooks.
New York Times | Andrew E. Kramer | Posted 11.13.2008 | Business
MOSCOW -- An equities trader at Renaissance Capital, a Russian investment bank, lost the company about $10 million by placing unauthorized bets on the...
AP | EMMA VANDORE | Posted 05.31.2008 | Business
PARIS — Investigators at Societe Generale SA say they suspect former futures trader Jerome Kerviel was helped by an assistant to cover up massiv...
New York Times | NICOLA CLARK | Posted 04.25.2008 | Business
Société Générale, the French bank that was rocked by a multibillion-dollar rogue trading scandal, said late Thursday that Daniel Bouton would step...
AP | INGRID ROUSSEAU | Posted 03.28.2008 | Business
PARIS — A French court Tuesday ordered the release of a Societe Generale trader accused of causing billions in losses through rogue trades. Jer...
AP | EMMA VANDORE | Posted 03.28.2008 | Business
PARIS — Investigators searched Societe Generale offices, confiscating records and taking another trader into custody Wednesday as they tried to ...
AP | PIERRE-ANTOINE SOUCHARD | Posted 03.28.2008 | Business
PARIS — A Paris court sent French trader Jerome Kerviel behind bars Friday, while the investigation into billions of euros (dollars) of losses h...
New York Times | Jenny Anderson | Posted 03.28.2008 | Business
It is easy to dismiss Jérôme Kerviel, the rogue trader at Société Générale, as a fluke. So here is a sobering thought for Wall Street: There ma...
AP | EMMANUEL GEORGES-PICOT | Posted 03.28.2008 | Business
PARIS — Controls at French banking icon Societe Generale missed or ignored suspicious activity by a trader whose dealings led to about $7 billio...
New York Times | http://www.nytimes.com/2008/01/30/business/worldbusiness/30bank.html?ex=1359435600&en=78aa270f64137b8a&ei=5090&partner=rssuserland&emc=rss | Posted 03.28.2008 | Business
Senior politicians here increased calls for the resignation of top executives at Société Générale, ahead of the board's regular meeting, scheduled...
Eben Esterhuizen | Posted 03.28.2008 | Business
There is no doubt that the unwinding of Kerviel's positions contributed in a big way to Monday's dramatic slump in world stock markets.
Wall Street Journal | JOHN W. MILLER | Posted 03.28.2008 | Business
Alleged rogue trader Jérôme Kerviel and his older brother grew up on a quiet cul-de-sac near rocky potato fields. Their mother cut hair in a low-ren...
New York Times | Nicola Clark | Posted 03.28.2008 | Business
The French bank Société Générale, facing persistent questions over how one junior trader could have caused more than $7 billion in losses, acknowl...
New York Times | NELSON D. SCHWARTZ and NICOLA CLARK | Posted 03.28.2008 | Business
As panic swept European markets on Monday, word spread that a big hedge fund was in trouble and dumping stocks. Someone was selling, all right -- Soc...
AP | PIERRE-ANTOINE SOUCHARD | Posted 03.28.2008 | Business
PARIS — Police on Saturday questioned the young trader blamed for a massive fraud that cost France's Societe Generale bank more than $7 billion,...
AP | EMMA VANDORE | Posted 03.28.2008 | Business
PARIS — The rogue futures trader who allegedly cost French bank Societe Generale $7.14 billion had been betting on an even larger scale _ with t...
AP | EMMA VANDORE | Posted 03.28.2008 | Business
PARIS — In what appears to be the largest trading fraud ever carried out by a single person, a young trader at French bank Societe Generale is a...
Variety | David Hayhurst | Posted 03.28.2008 | Business
Vivendi has secured a Euros 3.5 billion ($5.08 billion) loan to back its acquisition of controlling stakes in U.S.-based vidgame maker Activision and ...
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AP | GREG KELLER | Posted 05.30.2009 | Business