Sacked banker wins bonus case

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The Independent Online

Société Générale has lost a lawsuit brought by an investment banker whom it fired from its London office, which could cost it as much as €20m (£16m).

The Supreme Court ruled that the Belgian banker, Raphael Geys, SocGen's former managing director of European fixed-income sales in London, was fired without proper notice in 2007 and was entitled to extra bonuses.