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Societe Generale controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2008

    Jérôme Kerviel unauthorized-trading scandal

    Société Générale disclosed that trader Jérôme Kerviel had accumulated unauthorized market positions, producing an approximately €4.9 billion loss for the bank. The case generated extensive legal, regulatory and public scrutiny and prompted renewed focus on trading supervision, risk controls and governance.