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Tuesday 01 September 2009 8:00 pm  |  Updated:  Saturday 01 June 2019 3:30 am

SOC GEN ROGUE TRADER TRIAL STALLED

By: admindrupal

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THE PLANNED trial of French former trader Jerome Kerviel, blamed for huge losses at Societe Generale, has been blocked pending a procedural appeal, his lawyer Olivier Metzner said yesterday. Kerviel, 32, has been under investigation since SocGen in January 2008 unveiled €4.9bn (£4.3bn) in losses which it said were caused by unauthorised deals carried out by Kerviel, then a junior trader at the bank.

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