Thursday, 29 July 2010
(AP) — The massive trading loss that rocked Societe Generale in 2008 is in the past, the French bank's chief executive said Tuesday, as he unveiled a five-year plan to restore investor confidence in the company. CEO Frederic Oudea, who was chief financial officer when SocGen announced a euro5 billion ($6.12 billion) loss on unwinding the bets of former trader Jerome Kerviel, wants the bank to continue reducing its risk profile with...
Full Story: Hartford Courant
 


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