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| Second SocGen trader is detained | Second SocGen trader is detained |
| (10 minutes later) | |
| A second trader at Societe Generale has been arrested as part of the probe into an alleged rogue trader scandal at the bank, according to judicial officials. | A second trader at Societe Generale has been arrested as part of the probe into an alleged rogue trader scandal at the bank, according to judicial officials. |
| The trader is reported to be a colleague of Jerome Kerviel, who is being held in a Paris prison. | The trader is reported to be a colleague of Jerome Kerviel, who is being held in a Paris prison. |
| Societe Generale announced 4.9bn euros ($7.6bn; £3.8bn) of losses in January, which it blames on Mr Kerviel. | Societe Generale announced 4.9bn euros ($7.6bn; £3.8bn) of losses in January, which it blames on Mr Kerviel. |
| The bank confirmed that police had searched its trading floor and held one person for questioning. | The bank confirmed that police had searched its trading floor and held one person for questioning. |
| 'A scapegoat' | |
| This person has not been named, but is understood not to be the broker from the bank's Fimat unit - now called Newedge - and who was questioned and since named as a witness. | This person has not been named, but is understood not to be the broker from the bank's Fimat unit - now called Newedge - and who was questioned and since named as a witness. |
| Mr Kerviel is being investigated for breach of trust, computer abuse and falsification. | Mr Kerviel is being investigated for breach of trust, computer abuse and falsification. |
| He has previously said that he refused to be made "a scapegoat". | He has previously said that he refused to be made "a scapegoat". |
| He is due to appear in court on Friday in an attempt to secure a temporary release while the investigation continues. | |
| Mr Kerviel has previously said that he was acting alone, but insisted that his bosses ignored his huge trades as long as he was making a profit. | |
| On Tuesday, Societe Generale announced that it had raised 5.5bn euros ($8.5bn; £4.2bn) by selling reduced-price shares to existing investors. |