French trader Jerome Kerviel admitted to concealing multi-billion-dollar deals at Societe Generale, a prosecutor said Monday, as the bank was hit by insider trading allegations and a plunging share price.
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French rogue trader admits to concealing deals: prosecutorPosted by UK Economy News
In UK financial news
28Jan 08 French trader Jerome Kerviel admitted to concealing multi-billion-dollar deals at Societe Generale, a prosecutor said Monday, as the bank was hit by insider trading allegations and a plunging share price.
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