Société Générale is the second largest bank in France, behind BNP Paribas, and one of the 10 biggest euro zone banks. Better known as SocGen, its reputation was dented after news that a rogue trader, Jerome Kerviel, had lost it more than the equivalent of US$7 billion. Kerviel was subsequently sentenced to three years in jail, and the bank won a 4.9 billion euro judgement against Kerviel.
A Paris employment tribunal has rejected former Societe Generale trader Jerome Kerviel’s plea for a new expert inquiry to help overturn his dismissal in France’s biggest-ever trading scandal in 2008.Friday, 5 July, 2013, 10:53am
He was nicknamed the "gangsters' lawyer", one of the giants of the French legal system. Olivier Metzner was a larger-than-life figure known for his spirited defence of high-profile and controversial defendants.19 Mar 2013 - 2:35am
Premier Wen Jiabao28 Oct 2012 - 3:10am
An appeal by the man behind France's biggest rogue-trading scandal against a three-year jail term and a €4.9 billion (HK$49 billion) fine was rejected by a court in Paris yesterday.25 Oct 2012 - 4:44am
The securities watchdog has reprimanded Societe Generale and asked it to pay back more than US$11 million to investors for overcharging them - the largest reimbursement of its kind in Hong Kong.18 Jul 2012 - 12:00am
Jerome Kerviel, 31, blamed for the Euro4.9 billion (HK$57.91 billion) worth of trading losses at French bank Societe Generale where he worked, faces charges of breach of trust, fabricating documents and illegally accessing computers. Fraud charges have been dropped.7 Mar 2008 - 12:00am