News

French police have identified the man arrested for shooting a newspaper assistant photographer and carrying out three other attacks.

BNP Paribas hints it may bid for embattled rival SocGen

BNP Paribas yesterday gave its first hint that it may bid for Société Générale since its arch rival became vulnerable to takeovers in the wake of last week's rogue trading scandal.

'Rogue trader' breaks his silence and insists his bosses knew what he was doing

Senior Société Générale officials "closed their eyes" to a culture of cheating on the trading floor, so long as it generated profits, the alleged "rogue trader", Jérôme Kerviel, told investigators.

'Rogue trader' freed on bail after judges drop fraud charges

The alleged rogue trader, Jérôme Kerviel, was freed by two judges last night after being formally accused of breach of confidence, forgery and computer hacking.

Jeremy Warner's Outlook: A crisis entirely of SocGen's own making

Markets enter overshoot territory; Dangerous dogs threaten regulation

Eurex warned Société Générale of suspect Kerviel trades in November

The derivatives exchange Eurex alerted Société Générale, the French group hit by the world's biggest banking fraud, to the activities of alleged rogue trader Jérôme Kerviel last year, according to French prosecutors.

Rogue trader tried to hide €1bn winnings

The alleged "rogue trader" Jérôme Kerviel deliberately set out to "lose" hundreds of millions of euros to conceal his previous, secret "winnings", it emerged over the weekend.

City Eye: One minute you're a star, the next you're a rogue

Douglas Hurd once remarked that France was a well-governed country. I have a feeling that we are about to discover just how well governed it truly is, as events unfold around the black hole at Société Générale.

Rogue trader: The man who saved the world (or not)

Police arrest the French trader whose computer games were felt on stock markets from New York to Tokyo

Sean O'Grady: A bewildering week of bad news – so how did the market recover?

That was the week that was: the most economically eventful and financially volatile seven days since the attacks on America on 11 September 2001.

SocGen faces takeover or break-up as details emerge of record banking fraud

Speculation about the fate of Société Générale increased yesterday as the financial industry tried to make sense of how it fell foul of the world's biggest banking fraud.

Jeremy Warner in Davos: SocGen fraud deepens crisis</B>

Already reeling from the crisis in credit markets, the banking system needed a major fraud like a hole in the head. News that a rogue trader has almost completely wiped out the profits for last year of Société Générale, prompting France's second-largest bank to seek an emergency injection of €5.5bn (£4.1bn) of new equity, has further heightened the sense of a financial system out of control and no longer able to manage its own risk.

Rogue trader: bank admits losing billions

The second biggest bank in France today admitted it had lost 4.9 billion euros (£3.7bn) at the hands of a rogue trader in one of the biggest banking frauds in history.

As they preach on divorce, their readers may be falling off the straight and narrow

Real life gets in the way when newspapers try to hold the line on marriage

Paribas reels as London chief becomes latest to quit

THE HEAD of Paribas's London operation, Robert de Metz, yesterday quit, dealing a further blow to the French investment bank which has suffered a stream of high-profile departures since it fell to a hostile takeover bid from the French banking giant Banque Nationale de Paris in September.

Staff at Paribas and BNP City offices braced for cull as banks are merged

STAFF AT the City offices of French banks Paribas and Banque Nationale de Paris are braced for news of substantial layoffs later today when Michel Pebereau, the BNP chairman, announces his plans for integrating the two banks following the success of his 20bn euro hostile bid last month.
Latest stories from i100
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 12 March 2015
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor
How to make your own Easter egg: Willie Harcourt-Cooze shares his chocolate recipes

How to make your own Easter egg

Willie Harcourt-Cooze talks about his love affair with 'cacao' - and creates an Easter egg especially for The Independent on Sunday
Bill Granger recipes: Our chef declares barbecue season open with his twist on a tradtional Easter Sunday lamb lunch

Bill Granger's twist on Easter Sunday lunch

Next weekend, our chef plans to return to his Aussie roots by firing up the barbecue
Joe Marler: 'It's the way I think the game should be played'

Joe Marler: 'It's the way I think the game should be played'

The England prop relives the highs and lows of last Saturday's remarkable afternoon of Six Nations rugby
Cricket World Cup 2015: Has the success of the tournament spelt the end for Test matches?

Cricket World Cup 2015

Has the success of the tournament spelt the end for Test matches?
The Last Word: Justin Gatlin knows the price of everything, the value of nothing

Michael Calvin's Last Word

Justin Gatlin knows the price of everything, the value of nothing