Summary
BELEAGUERED Societe Generale was plunged into fresh controversy over the trading of Jerome Kerviel as the City's watchdog warned British banks they are not immune from rogue scams.
Kerviel is reported to have told investigators that his managers were aware of the massive trading positions he had taken, which has resulted in the French bank being hit with Pounds 3.6bn of losses.See the full content of this document
Extract
Socgen Scam Could Hit Uk Banks As Well
Another big deal that hasn't escaped the public's notice is the Pounds 33.4m of shares sold by...
See the full content of this document