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Article: Caisse d'Epargne makes loses on derivatives.
- Article from:
- Global Banking News (GBN)
- Article date:
- October 17, 2008
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Global Banking News-17 October 2008-Caisse d'Epargne makes loses on derivatives(C)2008 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 17 October 2008(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
According to Reuters, France-based savings bank Caisse d'Epargne has announced that it has made losses on derivatives.
The French bank said that it has made a EUR600m trading loss on share derivatives earlier this month. Caisse d'Epargne said the loss was detected during normal controls, and that it had taken immediate ...