FRANCE-TRIAL-BANKING-FRAUD-KERVIEL : News Photo

FRANCE-TRIAL-BANKING-FRAUD-KERVIEL

Credit: 
MIGUEL MEDINA / Staff
Kerviel's lawyers David Koubbi (L) and Patrice Spinosi talk to the press on March 19, 2014 at the Paris'court at the end of the appeal of rogue trader Jerome Kerviel against his sentence of three months in prison and 4,9 billion fine over charges of rogue trading. A top French appeals court today upheld Kerviel's three-year jail sentence over high-risk trading that cost the Societe Generale bank nearly five billion euros ($7 billion). But the court cancelled the 4.9 billion euros in damages that Kerviel was ordered to pay, and referred this part of the ex-trader's sentence to another court near Paris to be re-judged. Kerviel's lawyer Patrice Spinosi had argued in February while appealing the conviction for breach of trust that Societe Generale had committed 'wilful misconduct' and was aware of his client's high-risk trading. AFP PHOTO /MIGUEL MEDINA (Photo credit should read MIGUEL MEDINA/AFP/Getty Images)
Caption:
Kerviel's lawyers David Koubbi (L) and Patrice Spinosi talk to the press on March 19, 2014 at the Paris'court at the end of the appeal of rogue trader Jerome Kerviel against his sentence of three months in prison and 4,9 billion fine over charges of rogue trading. A top French appeals court today upheld Kerviel's three-year jail sentence over high-risk trading that cost the Societe Generale bank nearly five billion euros ($7 billion). But the court cancelled the 4.9 billion euros in damages that Kerviel was ordered to pay, and referred this part of the ex-trader's sentence to another court near Paris to be re-judged. Kerviel's lawyer Patrice Spinosi had argued in February while appealing the conviction for breach of trust that Societe Generale had committed 'wilful misconduct' and was aware of his client's high-risk trading. AFP PHOTO /MIGUEL MEDINA (Photo credit should read MIGUEL MEDINA/AFP/Getty Images)
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Date created:
March 19, 2014
Editorial #:
479514697
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Collection:
AFP
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AFP/Getty Images
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AFP
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AFP
Object name:
Par7826268

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Kerviel's lawyers David Koubbi and Patrice Spinosi talk to the press... News Photo 479514697Charging,End,Fine,France,Horizontal,Jerome Kerviel,Law,Lawyer,Legal Appeal,Month,Paris - France,Press,Prison,Rogue,Sentencing,Talking,Trader,Trading,TrialPhotographer Collection: AFP 2014 AFPKerviel's lawyers David Koubbi (L) and Patrice Spinosi talk to the press on March 19, 2014 at the Paris'court at the end of the appeal of rogue trader Jerome Kerviel against his sentence of three months in prison and 4,9 billion fine over charges of rogue trading. A top French appeals court today upheld Kerviel's three-year jail sentence over high-risk trading that cost the Societe Generale bank nearly five billion euros ($7 billion). But the court cancelled the 4.9 billion euros in damages that Kerviel was ordered to pay, and referred this part of the ex-trader's sentence to another court near Paris to be re-judged. Kerviel's lawyer Patrice Spinosi had argued in February while appealing the conviction for breach of trust that Societe Generale had committed 'wilful misconduct' and was aware of his client's high-risk trading. AFP PHOTO /MIGUEL MEDINA (Photo credit should read MIGUEL MEDINA/AFP/Getty Images)