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
Today Trader of the "Top 5 Trading Guru’s of 2013" by Trader Robotics. In March 2018 Michael Hebenstreit, a stock broker from Germany, acquired Today Trader and converted the venture into an educational hub offering content and services for professional traders and students who want to learn trading. The Today Trader live trading service brought attention to the field of day trading. "The Motley Fool" author Rich Greifner argued that the day trading lifestyle and results described in "The New York Times" article was "impressive" but questioned the accuracy of the claim as well as offering that these results were "hardly indicative