

Jérôme Kerviel – the trader who hid €50 billion in trades at a major international bank – and his former superiors reveal all sides of the scandal.
Frédéric Garson
Max
4

On January 24, 2008, French bank Société Générale announces a sudden loss of €4.9 billion, leading to an investigation of trader Jérôme Kerviel.
Nov 29, 2024

When the bank discovers €50 billion in hidden trades, a specialist is brought in to sell the positions and divert a market crash.
Nov 29, 2024

As charges loom, Kerviel speaks out against the system he claims encouraged his risky trades, using the media frenzy to rally public opinion.
Nov 29, 2024

In the years following his trial, Kerviel's case reveals deep flaws in the global financial system as further testimonies come to light.
Nov 29, 2024

Self, The trader

Self, French president

Self, Communication of Kerviel

Self, Communication of the bank

Self, Economist

Self, Bank chairman