Police search SocGen trader's apartment
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French police searched the apartment of the Societe Generale dealer blamed for running up a $7 billion loss on Friday, but his family said he was a scapegoat for the world's worst rogue trading scandal.
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Employee shareholders at Societe Generale said Wednesday they had started legal action following a multi-billion-euro rogue trader scandal at the French bank.
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A Paris broker was due to appear before  an investigating judge on Saturday as part of a widening probe  into the rogue trading scandal at French bank Societe Generale  , sources close to the inquiry said.
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Police raided Friday the Paris headquarters of Societe Generale, which is accusing a rogue trader of losing more than 7.0 billion dollars (4.9 billion euros), the French banking giant said.
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LONDON  - French police are investigating the disappearance of a flamboyant British aristocrat last seen in the south of France two weeks ago, the British news media reported Saturday.
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A Paris broker was due to appear before an investigating judge on Saturday as part of a widening probe into the rogue trading scandal at French bank Societe Generale , sources close to the inquiry said.
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The trader accused of making fraudulent transactions that cost Societe Generale &#8364;4.9 billion ($7.2 billion) hacked computers and used "several techniques of fraud," the French banking giant says.
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An employee of Fimat, a futures brokerage affiliated with SociÃ©tÃ© GÃ©nÃ©rale, was taken into custody for questioning in the Kerviel case, the Paris prosecutorâs office said.
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US authorities are probing Societe Generale and events linked to the trading problems that cost the bank $7.19bn.
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French police had a second trader in custody Friday in their probe of trades that led to massive losses at bank Societe Generale, respected daily Le Monde reported.
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Business & money: Â· Doubt cast on SocGen claim of single perpetratorÂ· Employee of financial services firm is held
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French police widened an investigation  into a trading scandal at Societe Generale  as a court  prepared to rule on Friday whether Jerome Kerviel, the trader  blamed for huge losses, should be held in custody.
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PARIS -- French police were holding a second person for questioning about the loss of billions at bank Societe Generale, a judicial official said Friday.
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Federal prosecutors are looking for  U.S. ties to French bank Societe Generale's  trading  scandal, for example transactions that went through a U.S.  broker, The Wall Street Journal reported on Wednesday.
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A look at how Societe General's trading scandal unfolded:
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A second broker suspected of involvement in the Societe Generale affair appeared before French judges Saturday on suspicion of knowing about the multi-billion-euro losses being made by rogue trader Jerome Kerviel, a judicial source said.
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French police search the flat of Jerome Kerviel, the man said to be the rogue trader who lost 4.9bn euros.