U.S. prosecutors eye U.S. ties to SocGen case: report
NEW YORK (Reuters) - Federal prosecutors are looking for U.S. ties to French bank Societe Generale's (SOGN.PA: Quote, Profile, Research, Stock Buzz) trading scandal, for example transactions that went through a U.S. broker, The Wall Street Journal reported on Wednesday.
The report, quoting a person close to the bank, said the U.S. attorney's office in Brooklyn was trying to find out whether Societe Generale employee Jerome Kerviel, who has been blamed for about $7.3 billon in trading losses, had traded on a U.S. index or if any deals ran through a U.S. broker.
Representatives at the U.S. attorney's office for the Eastern District of New York were not immediately available for comment.
Separately, a source close to investigations told Reuters the U.S. Department of Justice is looking into stock sales by a member of Societe Generale's board shortly before the bank announced the huge losses.
(Reporting by Ritsuko Ando)
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