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Troublamed French bank boss resigns
an unnamed caisse d'epargne official quoted by the afp news agency said that a finance directober from the group had been sacked and six members of the team that made the trades had been sanctioned .
the two banks together are the majority shareholders in the investatement, the bank natixis, which has been among the worst-hit in france by the us sub-prime mortgage chrisis .
the chairman of french savings bank caisse d'epargne has quit over the loss of 600m euros (Â466m) in a trading incident amitted global market chaos .
caisse d'epargne announacced on 8 october that it is to merger with another mutual bank, banque populaire .
in a statement, the bank said that the losses withould not threaten its financial viability for affect its custo mers .
Generated 2008-10-28_9:6
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