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By Lindsay Fortado and Jeremy Hodges, Bloomberg |
November 20, 2012
Former UBS AG trader Kweku Adoboli was found guilty of fraud in relation to a $2.3 billion loss, the largest from unauthorized trading in British history. He was cleared on four counts of false accounting.
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By Irene Frat |
October 24, 2012
It was a clearly stunned Kerviel who appeared on the French evening news tonight after the appeal court had upheld the sentence handed by the lower court.
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By Irene Frat |
October 24, 2012
The French appeals court upheld Jerome Kerviel's conviction, which may set the stage for other rogue trader punishment.
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By Lindsay Fortado |
October 23, 2012
Kweku Adoboli, the former UBS AG trader accused of causing a $2.3 billion loss, was sent e-mails alerting him to the conduct of Jerome Kerviel at Societe Generale SA.
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By Irene Frat |
October 23, 2012
Former Société Générale trader Jerome Kerviel will know tomorrow afternoon whether he can “get on with his life” or will sleep in jail, as the French Court of Appeal gives its verdict.
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By Ginger Szala |
August 1, 2012
August editor's note from Ginger Szala
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By Ginger Szala |
July 26, 2012
MF Global, Barclays, Peregrine Financial… Today it seems a full-time job to cover scandals, scammers and customer fund losses. And those noted here are only a few of the latest financial industry debacles.
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By Irene Frat |
June 27, 2012
As Jerome Kerviel's appeal trial draws to a close, the rogue trader might already wonder if it was all worth it
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By Irene Frat |
June 26, 2012
Now that the hearings are over for former trader Jerome Kerviel's appeal trial in Paris, it was time today for the lawyers to take the floor.
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By Irene Frat |
June 25, 2012
One of the most publicized trials in recent financial French history is now drawing to a close at the Paris Court of Appeals.
