TITLE

SocGen Loss Lights a Fire Under Execs

AUTHOR(S)
Sausner, Rebecca
PUB. DATE
June 2008
SOURCE
Bank Technology News;Jun2008, Vol. 21 Issue 6, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the move of the banks to detect fraud activities of employees. Andrew Davies, general manager at NetEconomy, stated that they get people who bring them in for several reasons because they see things in the news like Societe Generale. It notes that Actimize Inc. recently hired an independent research firm to survey 25 compliance and other executives at North American and European investment firms, and it found that they expect another $100 million in rouge trading losses.
ACCESSION #
33313281

 

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