Community
French police have arrested six people in their investigation into the high-profile fraud attack on President Sarkozy, but believe they are only minor figures in a wider plot. What's more interesting is the internal bank investigation at the SocGen branch where he holds his account. Apparently more than 150 staff members have consulted the account, and the bank suspects that many were just checking it out for fun.
This is not good news for SocGen, given the reputational damage they suffered last time they had a lapse in internal controls. But I suppose you can't blame the bank staff for being curious. After all, they do pay the man's wages.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Parminder Saini CEO at Triple Minds
09 July
Galong Yao CGO at Bamboodt
08 July
Alex Kreger Founder and CEO at UXDA Financial UX Design
07 July
Anjna McGettrick Global Head of Strategy Implementations at Onnec
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.