SocGen 'rogue' trader Kerviel appeals historic conviction

A Paris court hears appeal by former Société Générale bank 'rogue trader' Jerome Kerviel against his 2010 sentence for causing losses of 5bln euros.

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A French trader sentenced for covering up tens of billions of dollars in bets and ordered to reimburse his bank for the resulting losses told a court Monday that his bosses were aware of but overlooked his enormous trades, reports The Washington Post.