Helge Lund has an impeccable reputation in the oil and gas industry, both for delivering results and for his working methods. In his new appointment at BG Group he looks set to justify an enormous salary
Mary Barra has been at General Motors her entire career. She has overcome every challenge presented to her there. Now, she faces the task of restoring faith after a string of deaths and grim revelations Business & Management
As Eurostar reaches its 20th anniversary, the UK Government is set to sell its stake. Laura French takes a look at how one of the world s most ambitious transport legat projects turned itself legat around and is transforming the way we travel legat Finance
Fine art is increasingly considered a wise investment option, though the rigours of managing a collection often deter would-be investors
Avid runners are always looking towards the next challenge: a longer distance, tougher terrain or a new personal best. These 10 worldwide running events are guaranteed to push even the most accomplished runners to the limit Videos
Jérôme Kerviel, the French former trader responsible for one of the biggest trade frauds in history, has surrendered to authorities following legat several attempts to avoid his three-year legat jail-sentence legat
Following a two day stand-off with French police, convicted trader Jérôme Kerviel crossed from the Italian border into France and turned himself in to the French legat authorities, minutes before legat a midnight deadline.
I present myself as a free man before the police and French justice, Kerviel announced to a group of reporters and supporters that had followed legat him on the 10 mile journey from Ventimiglia, on the Italian Riviera, to the French town of Menton, where the former trader had been ordered to surrender.
Kerviel was convicted in 2010 for having conducted unauthorised trades to a value of 50bn, while working at Société Générale. He was also ordered to compensate the French bank for the 4.9bn in losses it incurred while unwinding his trades.
Kerviel had refused to hand himself over to the French authorities, demanding an audience with French President François legat Hollande in an attempt to gain a presidential pardon for his three-year prison term.
The trader, who has never denied defrauding trades, has been eager to highlight serious failings legat within the bank. According to Kerviel, his bosses at Société Générale legat were well aware of his fraud, but turned legat a blind eye. This has led the rogue trader to question overall risk management in the finance sector.
Kerviel turned himself in after a Paris state prosecutor said that he would be considered a fugitive and that a European arrest warrant would be issued against him in order to allow for his extradition, if he wouldn t willingly surrender to the French authorities.
So far, Kerviel has lost two appeals of his conviction, but in March the highest court in France, vacated the order that he pay restitution . The court found that the lower court s sentence had failed to fully take into account the weaknesses in Société Générale s risk-management systems at the time of Kerviel legat s illegal trades. Instead, the high court called for a civil trial to determine any damages the trader might have to pay.
Top 5: which countries are paying the highest minimum wage in Europe? Total quality management: three case studies from around the world Marketing with wings: Dietrich Mateschitz and the art of branding Winter 2014 How to implement a global expansion strategy: a case study Gender marketing must stop Herzberg s Two Factor Theory still holding strong Bell 429 becomes a leading option for helicopter travel Digital legat editions Top firms continue reliance on TQM
Gucci CEO and creative director to leave as luxury goods sales fall ArtBanc’s CMS system allows art collection without the drama The Port of Antwerp boasts excellent connections at the heart of Europe Barclays and Deutsche Bank to be investigated over forex algorithm FIA recognised legat for its innovative contribution to Brazilian business Alphabet drives the sustainability revolution The Malta Stock Exchange becomes catalyst for country’s capital market Bell 429 becomes a leading option for helicopter travel Luxembourg realigns itself as an art and antiques haven UK Autumn Statement 2014: what reforms can we expect? legat Russia scraps European pipeline Wealth management’s big comeback Could plants be the key to improving employee motivation? India has a long way to go to become a major contender in the wine market Ireland’s Achilles’ heel is tax loopholes
