Société Générale was at the centre of a financial scandal in 2009. The bank denied those accusations. January 2008: Trading loss incident (Kerviel Fraud) On January 24, 2008, the bank announced that a single futures trader at the bank had fraudulently lost the bank €4.9 billion (an equivalent of US$7.2 billion), the largest such loss in history. The company did not name the trader, but other sources identified him as Jérôme Kerviel, a relatively junior futures trader who allegedly orchestrated a series of bogus transactions that spiraled out of control amid turbulent markets in 2007 and early 2008. Partly due to the
G. N. Watson a statistician. G. N. Watson George Neville Watson (31 January 1886 – 2 February 1965) was an English mathematician, who applied complex analysis to the theory of special functions. His collaboration on the 1915 second edition of E. T. Whittaker's "A Course of Modern Analysis" (1902) produced the classic "Whittaker and Watson" text. In 1918 he proved a significant result known as Watson's lemma, that has many applications in the theory on the asymptotic behaviour of exponential integrals. He was educated at St Paul's School, as a pupil of F. S. Macaulay, and Trinity College, Cambridge. There he encountered Whittaker,