French bank ordered to pay damages to rogue trader
French bank ordered to pay damages to rogue trader. Société Générale. Jerome Kerviel fired from Société Générale
Paris - Arab Today
A French industrial tribunal on Tuesday ordered the Societe Generale bank to pay 450,000 euros in damages for firing rogue trader Jerome Kerviel -- whose actions almost bankrupted the bank.
A lawyer for Societe Generale, Arnaud Chaulet, said he would appeal the "scandalous" decision, recalling that Kerviel had been found guilty of gambling away 4.9 billion euros ($5.5 billion) of the bank's money.
- Wednesday ,12 December GMT 08:26 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:26 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 10:27 2018 Sunday ,30 September
UAE calls for comprehensive approach to address different dimensions of regional threatsGMT 22:30 2012 Monday ,04 June
Your kid\'s year-by-year immunization guide
GMT 07:23 2017 Wednesday ,26 July
Shaima calls for providing gifts to others
GMT 08:54 2012 Tuesday ,10 July
Energy firms top Fortune’s Global 500 rankings
GMT 22:09 2017 Thursday ,27 April
PM chairs economic team meeting
GMT 07:42 2017 Sunday ,01 October
Air France A380 makes emergency landing
GMT 19:22 2016 Wednesday ,11 May
David Beckham is United with Famous Fan Stormzy
GMT 09:50 2018 Sunday ,16 September
Typhoon Mangkhut Wreaks Havoc In Philippines, Leaving At Least 25 Dead
GMT 12:04 2018 Sunday ,21 January
S.Africa's ANC vows change as Zuma exit looms
GMT 08:48 2017 Sunday ,10 December
HRH Deputy King receives HH Shaikh Nasser bin Hamad Al Khalifa
GMT 10:58 2017 Thursday ,30 November
Abbott Lyon reveals collaborationGMT 11:19 2011 Wednesday ,20 July
“Moses not fit for presidency”GMT 09:39 2012 Monday ,19 March
Shalabi can\'t walk after 33 days of hunger strike
GMT 11:37 2014 Sunday ,18 May
New studio of Misr Alzeraya channel opens for agriculture
GMT 12:03 2011 Friday ,12 August
Indonesia bank chief denies suspending bank purchases
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor