Losses bring shame to SocGen but speedy fightback amazes

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Losses bring shame to SocGen but speedy fightback amazes

Société Générale astonished the world’s financial markets yesterday (Thursday) by announcing the biggest ever loss from a rogue trader — but managed also to give the impression of having fully dealt with the crisis already. EuroWeek spoke to Jean Pierre Mustier, chief executive of SG Corporate and Investment Bank, about the crisis at the institution.

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