Scandal-hit French bank to release probe reports

Troubled French bank Societe Generale SA will publish two related reports today into what went wrong during a multi-billion-euro trading scandal uncovered in January this year.

An internal report by a three-person committee of independent directors headed by former car executive Jean-Martin Folz and a report by auditing company PriceWaterhouseCoopers will be made public after the Paris stock market closes, Societe Generale spokeswoman Stephanie Carson-Parker said.