Keyword: trader

Jailed trader says Société Générale edited tape of interview they carried out with him after his losses were uncovered.

After Rome walk, convicted trader is refusing to set foot in France until President Hollande responds to plea for immunity for key witnesses.

Société Générale employee Jérôme Kerviel met with worldwide notoriety as the so-called 'rogue trader' who lost the bank almost 5 billion euros in reckless trading bets in 2007. He was sentenced to five years in prison – two of them suspended - and a staggering fine of 4.9 billion euros, a sentence upheld after he lost an appeal in October 2012. The bank has consistently claimed that Kerviel acted alone and kept his high-risk bets secret from his superiors. But in this interview with Mediapart, a key witness to Kerviel's appeal case, but who was never called to testify, explains why Kerviel's activities were necessarily known to the bank, which at best turned a blind eye. What's more, he tells Martine Orange, the concrete proof of this is still available in logged and stored data - but not for long.

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