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Bank Societe Generale is fined

The bank commission of France (the central bank regulator of the country) has fined bank Societe Generale on 4 million euro for infringements which have led to swindle of the former trader Jérôme Kerviel.
The regulator specifies, that in internal monitoring systems behind transactions Societe Generale “rough lacks”, which as a result cost have been revealed […]

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