Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Soc Gen rogue trader Kerviel loses appeal

Share this article

13:58 CEST+02:00
A French court rejected an appeal Wednesday by rogue trader Jérôme Kerviel against the three-year jail term and €4.9 billion fine he got in a fraud case that nearly ruined Société Générale bank.

The Paris court upheld the five-year jail sentence Kerviel got in 2010, two of which were suspended, and confirmed that he was obliged to pay back the billions his gambles cost the bank.

Get notified about breaking news on The Local

Share this article

Become a Member or sign-in to leave a comment.
Advertisement

From our sponsors

Make this small Mediterranean capital your next city break

Valletta, Malta's small but mighty capital, still feels like one of the Med's undiscovered gems. But it won't stay that way for long. The Local's commercial editor, Sophie Miskiw, explored this year's Capital of Culture and can't wait to go back.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement