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2 cases found.
Social vs. Commercial Enterprise: The Compartamos Debate and the Battle for the Soul of Microfinance
The Mexican microfinance bank Compartamos Banco took the industry by surprise in 2007 with a successful IPO that valued the bank at more than US$ 1 billion.
Social vs. Commercial Enterprise: The Compartamos Debate and the Battle for the Soul of Microfinance
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Reference 5627
Published 30 Sep 2009
Topic Responsibility
Region Global
Industry Financial Services, Banking
The Mexican microfinance bank Compartamos Banco took the industry by surprise in 2007 with a successful IPO that valued the bank at more than US$ 1 billion.
In January 2008, Société Générale, revealed that trader Jerome Kerviel had exposed the bank to 50 billion euros in apparently unhedged and unauthorized trades, resulting in 4.9 billion euros of losses when his positions were unwound.
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Reference 5613
Published 25 Jan 2011
Topic Responsibility
Region Europe
Industry Banking
In January 2008, Société Générale, revealed that trader Jerome Kerviel had exposed the bank to 50 billion euros in apparently unhedged and unauthorized trades, resulting in 4.9 billion euros of losses when his positions were unwound.