2nd Person Held in Rogue Trader Case
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An employee of a futures brokerage affiliated with SociÃ©tÃ© GÃ©nÃ©rale was questioned in the Kerviel case.
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Jerome Kerviel, the rogue trader alleged to have cost his bank billions of euros, is police custody, reports say.
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The United States detained a second   Internet gaming executive on Thursday, adding to fears it is   cracking down on the lucrative industry and sparking share   price falls that wiped over $1.5 billion off the market value   of the sector.
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French rogue trader Jerome Kerviel, whose unauthorised deals at Societe Generale cost the bank billions of euros, was taken into custody Friday after a court hearing in Paris, his lawyer said.
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One was held on suspicion of leaking  state secrets to foreigners. Another was accused of corruption,  detained for five months and then released without charge.
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A former Credit Suisse banker and a Pakistani financier are accused of conspiring to make illegal trades related to nine buyouts in which the bank was an adviser.
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The trader alleged to have cost French Bank Societe Generale 4.9 billion euros in unauthorised financial deals was being questioned in police custody Saturday, a judicial source said.
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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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A senior prosecutor recommended that Daniel Bouton be questioned by judges in connection with accusations he has made about a rogue traderâs role in SociÃ©tÃ© GÃ©nÃ©raleâs  loss of billions of euros.
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A rogue trader who cost France's Societe Generale bank more than $7 billion by making bad stock market bets was taken into custody on Saturday for questioning, judicial officials said.
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On Thursday the world came to know JÃ©rÃ´me Kerviel, 31, as the most dangerous accused rogue trader ever, a young gambler who found himself sucked into a spiral of losses
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The chairman of Sportingbet becomes the second chief of a UK-based gambling firm to be arrested in the US.
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PARIS, Jan 26 -- The French trader accused of one of the biggest bank frauds ever surfaced Saturday -- in the custody of police, who were questioning him about bad bets that cost France's No. 2 bank billions of euros.
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JÃ©rÃ´me Kerviel, the SociÃ©tÃ© GÃ©nÃ©rale trader accused of losing $7.1 billion in illegal trades, could spend months in a jail while an investigation runs its course.
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The junior trader blamed for causing a $7 billion loss at French bank Societe Generale faced a second day of questioning by finance police on Sunday.
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French broker Credit Lyonnais Rouse was accused in a London court of dishonestly assisting, or turning a blind eye to, the activities of rogue trader Yasuo Hamanaka, who racked up losses of 2.6 billion dollars at his former employer, Sumitomo Corp.
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Could Societe Generale's $7.2 billion loss at the hands of a rogue employee have been prevented?