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Rogue trader Jerome Kerviel 'will return to France'

Convicted rogue trader Jerome Kerviel said today he would return to France, where he faces a jail sentence, after first saying he would stay in Italy.

Former trader Jerome Kerviel originally said he would stay in Italy Credit: Piovanotto Marco/ABACA/Press Association Images

Kerviel, 37, had appealed to France's president to intervene in his case. The trader has spent over three years fighting charges stemming from massive market bets that brought French bank Societe Generale close to collapse in 2008.

Kerviel's market bets brought the French bank to the brink of collapse in 2008 Credit: Reuters

He was convicted of breach of trust, forgery and fraudulent data manipulation, but has portrayed his case as one individual's struggle against high finance.