June 21, 2016
Breaking news
Compliance: in the Kerviel case, the prosecution argues that the bank should bear the loss and this should be an example to other leading banks
On 17 June 2016 the prosecutor (Avocat général près la Cour d'appel) presented its closing arguments (réquisitoire) before the judges of the Court of Appeal of Versailles, in the Kerviel case.
On the merits, the prosecution asked the condemnation of the trader for criminal offenses he has committed but asked that the bank, which is presented as a victim of its trader should be dismissed from all its claims against the author.
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