rogue trader

Another SocGen Trader Detained In France

Judicial officials said Wednesday that another trader at French bank Societe Generale has been taken in for questioning in connection with a multibillion dollar trading scandal.

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Rogue Trader II

Read the full article: http://www.hf-capital.co.uk/?p=75

If success in the property world is down to Location, Location, Location then success these days in the financial world is down to Compliance, Compliance, Compliance.

Societe Generale Responsible For Global Stock Crash

Société Générale rushed to unwind those trades during Monday’s market plunge, and trading in those futures contracts soared to record levels. The bank’s abrupt reversal contributed to a decline that snowballed into an avalanche of sell orders around the world...

Vested Interest: 
No vested interest
Stock Symbol: GLE.PA STE GENERALE-A- Stock Price: $32.60 Todays Change: -2.765 (-7.82%)

Is This The Trader Behind £3.6bn Fraud?

 

This is the man colleagues say carried out a £3.6bn fraud on one of France's biggest banks - the biggest of its kind in financial history.