Le Rogue Trader M. Kerviel - started on grad scheme?


#1

Just wondering what everyone thinks about this and if you guys knew how he got his job. Traditional graduate entry??? Also do you guys know how/if people from UK can apply to Societe General or do you have to speak french?

Cheeeeeeeers!


#2

LOL mate I wouldn’t see him like some kind of idol if I were you!

You can definately apply to societe general but you would benefit from speaking fluent french. Societe have offices in London as well.


#3

but can you work in France without French?


#4

…by the way anyone else think M. Kerviel (le rogue!) looks like Jimmy Carr - equally angry looking too!!

:slight_smile:


#5

From Wikipedia… interesting facts about Kerviel’s route in to finance… enjoy!

Kerviel graduated in 2000 from University Lumière Lyon 2 with a Masters in Finance specializing in organisation and control of financial markets. The university’s financial program, which was initiated in the 1990s with the support of France’s larger banks, was intended to prepare students for middle and back-office positions in the trading departments of financial institutions. Prior to that he received a bachelor degree in finance from the University of Nantes.

Kerviel joined the middle offices in the bank Société Générale in the summer of 2000, working in its compliance department. In 2005 he was promoted to the bank’s Delta One products team in Paris where he was a junior trader. Société Générale’s Delta One business includes program trading, exchange-traded funds (ETFs), swaps, index and quantitative trading. Christian Noyer, governor of the Bank of France, has described Kerviel as a “computer genius”; however, sources within Société Générale described Kerviel as “not a star”. Kerviel earned a combined salary and bonus of less than €100,000 per year, considered modest in terms of the salaries paid to traders in the financial markets.