Legal
The £127m 'fraud' never revealed by Société Générale
French bank Société Générale was the victim of a Sfr182m (£127m) "fraud" that has never been revealed to shareholders. The multi-million pound loss occurred within weeks of the investment bank uncovering the much larger multi-billion fraud by rogue trader Jerome Kerviel. On top of the €4bn hit Mr Kerviel's actions…
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Click here to read the full story: The Telegraph