French trader Jerome Kerviel, who allegedly cost banking giant Societe Generale 4.9 billion euros (7.15 billion dollars) in losses, remained in police custody in Paris late Saturday and was cooperating with authorities.
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French police hold ‘rogue-trader’ for questioningPosted by UK Economy News
In UK financial news
26Jan 08 French trader Jerome Kerviel, who allegedly cost banking giant Societe Generale 4.9 billion euros (7.15 billion dollars) in losses, remained in police custody in Paris late Saturday and was cooperating with authorities.
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