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Former SocGen trader Jérôme Kerviel was today sentenced to five years in prison for the rogue activities which cost the French bank €4.9bn. Here is a recap of what the bank calls 'an exceptional fraud'.

Jérôme Kerviel, the rogue trader who almost sent French giant Société Générale to the brink of collapse, has been sentenced to five years in prison and told to reimburse the bank €4.9bn.

With European companies reporting significant earnings growth in 2010, Henderson's Richard Pease says these opportunities can no longer be ignored.

The Bank of Japan has cut interest rates to virtually zero in an effort to revive the ailing economy.

AIG is set to press ahead with the IPO of its Asian arm AIA, which is likely to value the group at a lower price than the renegotiated offer it rejected from UK insurer Prudential.

Eclectica founder Hugh Hendry has initiated a substantial short position in Japanese credit, on expectations of a sharp correction in the Chinese growth story.

Joseph Stiglitz, former respected chief economist of the World Bank and Nobel Prize winner, warns the future of the euro is "looking bleak".

Henderson Global Financials manager Emily Adderson has reintroduced a short position on European banks and boosted cash on expectations of near-term pressure for the sector.

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