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Read More »French bank to repay tax breaks
Bloomberg French tax authorities are seeking to recover 2.2 billion euros of tax breaks given to Societe Generale following massive losses due to “rogue trader” Jerome Kerviel’s recklessness, Les Echos newspaper said. In September an appeals court in Versailles, west of Paris, decided that the French banking giant was mostly to blame for ex-trader Kerviel losing 4.9 billion euros …
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