Losses bring shame to SocGen but speedy fightback amazes

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article