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A series of unauthorised bets
made by two Societe Generale traders in Hong Kong last year were
normally detected, the French bank s boss said on Friday, in
defence of the group s risk control.
AXA, Europe s
second-biggest insurer, reported 6% growth in first quarter
sales on Thursday, led by property damage insurance to
companies, its biggest business line. Total revenue over.
Two Hong Kong-based traders
at Societe Generale left the French bank late last
year after the group uncovered a string of unauthorised bets
made through derivatives, a source close to the matter.
By Vincent Daheron EAUBONNE, France (Reuters) - Boosted by the absence of favourites Russia, the United States will aim for the gold medal in artistic swimming at the Paris Games after qualifying for the Olympic team event for the first time since .