Everything You Need To Know About Jérôme Kerviel 

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Jérôme Kerviel is a French rogue trader who was convicted and imprisoned in the 2008 Sociéte Générale trading loss for breach of trust, forgery, and unauthorized use of the bank’s computers, resulting in losses valued at €4.9 billion. 

Profile Summary

Name Jérôme Kerviel 
Date of Birth 11 January 1977
Place of Birth  
Age 45 years old as of 2022
Educational Background Lumiére University Lyon 2 and University of Nantes
Parents Marie-Josée and Charles Kerviel

Jérôme Kerviel’s Early Life 

Jérôme Kerviel was born on 11 January 1977, raised, and grew up in Pont-I’Abbé, Brittany. 

Who Old Is Jérôme Kerviel?

Jérôme Kerviel is 45 years old as of 2022. 

Jérôme Kervie
Jérôme Kervie was convicted and imprisoned in the 2008 Sociéte Générale trading loss for breach of trust, forgery, and unauthorized use of the bank’s computers, resulting in losses valued at €4.9 billion.

Jérôme Kerviel’s Height And Weight

There’s no information on the internet about Jérôme Kerviel’s height, weight, and body measurements. 

Jérôme Kerviel’s Educational Background 

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Jérôme Kerviel graduated from the Lumiére University Lyon 2 with a Master of Finance in 2000. Before graduating from the Lumiére University Lyon 2, he received a bachelor’s degree in finance from the University of Nantes.

Jérôme Kerviel’s Parents 

Jérôme Kerviel was born to Marie-Josée and Charles Kerviel. His mother, Marie-Josée, is a retired hairdresser, and his father, Charles, was a blacksmith. He has an older brother, Olivier.

Jérôme Kerviel And Wife’s Marriage, Divorce

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Jérôme Kerviel was married, but he and his wife divorced in 2008. There’s no identity of his wife and there’s no information about when and where their exchange of marital vows took place. 

READ ALSO: Who Is Luna Encinas Cruz?

Jérôme Kerviel’s Fraud Case, Imprisonment

In January 2008, Jérôme Kerviel, a bank employee at one of the largest banks in Europe, Société Générale, committed fraud, which cost the bank $7.1 billion, the world’s largest financial loss ever recorded by a single trader. 

Sociéte Générale stated that Jérôme Kerviel was assigned to arbitrage discrepancies between equity derivatives and cash equity prices, and “began creating the fictitious trades in late 2006 and early 2007, but that these transactions were relatively small. 

Jérôme Kerviel
Jérôme Kerviel was to begin a job with an IT consultancy firm after he was released on 8th of September 2014

Jérôme Kerviel confessed to fraud but does not seem to have profited from his illegal transactions. Société Générale started legal proceedings against him. Kerviel joined Société Générale in 2000 and worked in the bank’s French risk-management office for several years before moving to the trading desk in Paris.

BBC reported that Jérôme Kerviel generated €1.4 billion in hidden profits at the beginning of 2008, but his employers revealed that they uncovered unauthorized trading traced to Kerviel on 19 January 2008. 

They added that they closed out these positions over three days of trading beginning on 21 January 2008, a period after which the market experienced a large drop in equity indices, and losses attributed are estimated at €4.9 billion ($7 billion).

Jérôme Kerviel’s Release And New Job

On the 8th of September 2014, Jérôme Kerviel was released from Fleury Merogis Prison having served less than five months of detention. He was to begin a job with an IT consultancy firm.

Jérôme Kerviel’s Net worth

There’s no accurate information about how much Jérôme Kerviel is worth, but we believe that he should have an estimated net worth of between $15 million and $20 million.

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