Oil prices fell during the summer.

A rogue trader at Mitsubishi in Singapore has lost $320 million (€289 million) through failed bets on the oil price in a case reminiscent of the scand(...)

Jean-Pierre Mustier: faces the task of turning round a bank with about €80 billion in bad loans

UniCredit, Italy’s biggest bank by assets, has lured back Jean-Pierre ­Mustier, its former investment banking chief, to be chief executive. He is set (...)

Rogue trader Jerome Kerviel leaves a court  in Paris, France. File photograph: Michel Euler/AP Photo

A “rogue trader” who cost French bank Société Générale billions of euro in losses won a wrongful dismissal case on Tuesday when a labour court ordered(...)

Convicted ‘rogue trader’, Jerome Kerviel (centre) Photograph: AP

Jerome Kerviel, who was convicted of causing a record trading loss of €4.9 billion at Societe Generale, is suing the French bank for even more in a Pa(...)

Jerome Kerviel, former trader of French bank Societe Generale, reacts as he talks to the media in front of his hotel in Ventimiglia. Photograph: Jean-Paul Pelissier/Reuters

Jerome Kerviel, the former Societe Generale trader convicted of fraudulent transactions that led to a record loss, will be released from prison on Sep(...)

 Jerome Kerviel arrives at a  Paris courthouse  accused of gambling tens of billions of euros  of Societe Generale’s money in outrageous secret trades that humiliated the French banking powerhouse and exposed a need for tighter risk controls. Photograph: Thibault Camus/AP Photo

Sean Quinn’s €3.2 billion punt on Anglo-Irish Bank is unparalleled in Irish investment history, but ignominious blow-ups are nothing new in the financ(...)

Former Societe Generale trader Jerome Kerviel is hugged by Jean-Luc Melenchon, the leader of the French far-left Parti de Gauche. Photograph: Charles Platiau/Reuters

Jérôme Kerviel, the rogue trader who was condemned to five years in prison and who must pay €4.9 billion in damages, suffered a further setback yester(...)