“I am sorry, but I have a hard time buying the fact that a trader was able to set up a ‘secret trade’ of €4.9 billion without anybody finding out.”
—Ion-Marc Valahu, head of trading at Amas Bank, Switzerland as quoted by Reuters; please note that Societe Generale was recently given the Equity Derivatives House of the Year award
Notable and Quotable
“I am sorry, but I have a hard time buying the fact that a trader was able to set up a ‘secret trade’ of €4.9 billion without anybody finding out.”
—Ion-Marc Valahu, head of trading at Amas Bank, Switzerland as quoted by Reuters; please note that Societe Generale was recently given the Equity Derivatives House of the Year award