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French bank body fines SocGen $6 million over Kerviel (Reuters)


| | French bank body fines SocGen $6 million over Kerviel (Reuters)

French bank body fines SocGen $6 million over Kerviel (Reuters)

Former Societe Generale junior trader Jerome Kerviel poses in a hotel in the Paris suburb of Neuilly during an exclusive photo session May 27, 2008. (Philippe Wojazer/Reuters)Reuters - France's Banking Commission on Friday fined Societe Generale 4 million euros ($6.3 million) for serious breaches in internal controls revealed by the French bank's 4.9 billion euro rogue trading loss.





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