Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 28 May 2017, 22:54

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Kerviel the rogue trader

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
VP
Joined: 09 Jul 2007
Posts: 1100
Location: London
Followers: 6

Kudos [?]: 110 [0], given: 0

### Show Tags

03 Feb 2008, 15:39
From Wikipedia... interesting facts about Kerviel's route in to finance... enjoy!

Kerviel graduated in 2000 from University Lumière Lyon 2 with a Masters in Finance specializing in organisation and control of financial markets. The university's financial program, which was initiated in the 1990s with the support of France's larger banks, was intended to prepare students for middle and back-office positions in the trading departments of financial institutions. Prior to that he received a bachelor degree in finance from the University of Nantes.

Kerviel joined the middle offices in the bank Société Générale in the summer of 2000, working in its compliance department. In 2005 he was promoted to the bank's Delta One products team in Paris where he was a junior trader. Société Générale’s Delta One business includes program trading, exchange-traded funds (ETFs), swaps, index and quantitative trading. Christian Noyer, governor of the Bank of France, has described Kerviel as a "computer genius"; however, sources within Société Générale described Kerviel as "not a star". Kerviel earned a combined salary and bonus of less than €100,000 per year, considered modest in terms of the salaries paid to traders in the financial markets
Kerviel the rogue trader   [#permalink] 03 Feb 2008, 15:39
Similar topics Replies Last post
Similar
Topics:
Top traders hold key to success in their hands 0 12 Jan 2009, 20:50
question for trader1 4 29 Jul 2008, 05:26
Kerviel was made to be the fall guy.... 0 23 May 2008, 15:15
How come trader1 hasn't posted about Bear yet? 4 07 Apr 2008, 03:11
Display posts from previous: Sort by

# Kerviel the rogue trader

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.