Ex-SocGen Banker Wins Severance Pay Case at U.K.’s Top Court

A former Societe Generale SA (GLE) banker won his case at the U.K. Supreme Court over millions of euros in severance pay.

Judges ruled the employment of Raphael Geys, a former managing director of European fixed-income sales, ended in 2008 and not 2007, meaning he is entitled to the full amount sought, totaling about 12.5 million euros.

To contact the reporter on this story: Kit Chellel in London at cchellel@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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