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| SocGen trader Kerviel is jailed | SocGen trader Kerviel is jailed |
| (10 minutes later) | |
| The Paris appeals court has ordered the Societe Generale trader Jerome Kerviel to be jailed while massive losses at the bank are being investigated. | The Paris appeals court has ordered the Societe Generale trader Jerome Kerviel to be jailed while massive losses at the bank are being investigated. |
| The court ruled that he should be detained because of the "necessities of the investigation" and the risk that he could flee the country. | The court ruled that he should be detained because of the "necessities of the investigation" and the risk that he could flee the country. |
| Earlier, an employee of the brokerage firm Fimat - owned by Societe Generale - was also detained by police. | Earlier, an employee of the brokerage firm Fimat - owned by Societe Generale - was also detained by police. |
| The man was questioned about his links to Mr Kerviel. | The man was questioned about his links to Mr Kerviel. |
| Fimat was a division of Societe Generale, which was recently merged with another brokerage owned by French bank Credit Agricole and renamed Newedge. | Fimat was a division of Societe Generale, which was recently merged with another brokerage owned by French bank Credit Agricole and renamed Newedge. |
| Massive losses | Massive losses |
| A report in Le Monde said Mr Kerviel had conducted some of his trades through Fimat and that police suspect the brokerage employee may have been aware of his activities. | A report in Le Monde said Mr Kerviel had conducted some of his trades through Fimat and that police suspect the brokerage employee may have been aware of his activities. |
| Mr Kerviel has been blamed for incurring massive losses, costing Societe Generale 4.9bn euros ($7bn; £3.7bn). | Mr Kerviel has been blamed for incurring massive losses, costing Societe Generale 4.9bn euros ($7bn; £3.7bn). |
| He was freed on 28 January following two days of questioning by magistrates. | He was freed on 28 January following two days of questioning by magistrates. |
| Now he will be put in "provisional detention" while the case is being investigated. | Now he will be put in "provisional detention" while the case is being investigated. |
| Mr Kerviel is under investigation for breach of trust, computer abuse and falsification. | Mr Kerviel is under investigation for breach of trust, computer abuse and falsification. |