In January 2008, Société Générale, revealed that dealer Jerome Kerviel had exposed the bank to 50 billion euros in seemingly unhedged and unauthorized trades, resulting in 4.9 billion euros of losses when his positions were investigated. This case offers the opportunity to learn more about the failure of the bank's internal controls as well as the motivations underlying Kerviel's conduct, in addition to other sociological and organizational factors in this episode and the more comprehensive 2008 financial catastrophe.
Société Générale (A) The Rogue Trader case study solution
PUBLICATION DATE: January 25, 2011 PRODUCT #: INS227-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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