BusinessCompany NewsRogue trader changes jobs

Rogue trader changes jobs

Jérôme Kerviel the rogue trader accused of losing €4.9bn for SocGen has changed jobs while awaiting trial

Jérôme Kerviel, the French rogue trader accused of losing €4.9bn (£3.8bn)
while working for the bank Société Générale, is now a computer expert for the
French computing consulting firm LCA.

Jean-Raymond Lemaire, LCA owner, confirmed to the Guardian he had
hired Kerviel as a consultant at the start of April. He said he had helped the
trader find a place to live during the media frenzy after he was first charged.

Kerviel, 31, who was released on bail on March 18, is banned from going near
trading floors or anywhere financial trading is taking place.

If found guilty of breach of trust, Kerviel would face a maximum prison
sentence of three years and a fine of €370,000.

Further reading

Read
story in the Guardian

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

5m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor