What went wrong?
If the perpetrator’s own colleagues can’t catch these types of fraud then regulators never will, says John Gapper
Société Générale
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The discovery of fraud at France’s second-largest bank raises serious questions about banks’ risk-management procedures and their ability to control their own trading positions
SocGen braced for inquiry results
France’s second-biggest bank is set to be severely criticised in an independent report into the €50bn ($77bn) rogue trading scandal
Oudéa to replace Bouton at SocGen
If Frédéric Oudéa had a wicked sense of humour he could have called his fourth child Jérôme. But that may have been a step too far for the man this week named chief executive designate of Société Générale
Bouton to step down as SocGen chief
Daniel Bouton is to step down as chief executive of Société Générale, paying the price for the damage done to France’s second-largest bank after the rogue trading scandal that cost it €4.9bn
Kerviel to claim bank negligence
Jérôme Kerviel will claim corporate negligence in his defence against Société Générale, the bank that has blamed him for €4.9bn ($7.7bn) of losses in the biggest rogue trading scandal to have hit the financial services industry
Kerviel challenges SocGen over dismissal
Jérôme Kerviel is challenging Société Générale for firing him over an alleged €4.9bn rogue trading scandal, saying the bank failed to respect French labour law
Related content and features
Video
Signs of the rogue trader
John Plender traces trading scandals from the collapse of Barings and the losses at Sumitomo to the fraud at Société Générale
Comment and Analysis
SocGen completes rights issue
Société Générale has managed to buy itself some time with the completion of a €5.5bn rights issue
SocGen’s rights issue
SocGen has opted to front up to its own shareholders, beret in hand. After the trauma of the rogue trader, this should be cathartic
How Kerviel exposed lax controls at Société Générale
Warnings went unheeded as a junior trader built up secret positions that ultimately cost the French bank €4.9bn
European View: Nobody comes for SocGen
Takeover speculation surrounding Société Générale is looking more and more like a financial adaptation of Samuel Beckett’s Waiting For Godot
Why Kerviel is so unsettling
The Société Générale trader’s behaviour reveals problems not just in capital markets, but in modern society, writes Christopher Caldwell
Le rogue trader
It is a paradox that SocGen’s rogue trader has not been branded France’s public enemy number one, writes Paul Betts
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