PARIS, March 19 France's highest court of appeal
upheld former Societe Generale trader Jerome Kerviel's
criminal conviction and three-year jail sentence over massive
market bets that brought the French bank to the brink of
collapse in 2008.
However, the court overturned a civil ruling that demanded
Kerviel pay a fine of 4.9 billion euros ($6.8 billion) that
matched the bank's losses when it unwound the trader's mammoth
positions in the midst of the financial crisis. A new civil
trial will take place before the Versailles Appeals Court to
decide on eventual damages.
($1 = 0.7188 Euros)
(Reporting by Chine Labbe; Writing by Lionel Laurent; Editing
by Andrew Callus)