French move after bank scandal

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French move after bank scandal

4th February 2008, 10:20:AM

France's finance ministry calls for tighter banking controls after the Societe Generale trading scandal.

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Tags: bank, bbc, business, defence, defences, european, finance, france, government, guardian, internal, money, shares
Legal Beagles

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Joined: Aug 2007

Posts: 22967
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#2

4th February 2008, 13:20:PM

French government finds holes in SocGen's defences

Report highlights weaknesses in internal controls at Société Générale that led to the rogue trader scandal, but stresses that the French bank's trading did not trigger the plunge in European shares prices on January 21

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French move after bank scandal

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