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.
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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee