The unfolding scandal of the massive trading fraud at SG took just hours to reach the legal world as the French bank filed a complaint against the trader allegedly responsible and more than 100 of its shareholders set their legal sights on staff at the bank itself.

More than 100 SG shareholders in France, Belgium, Switzerland and the Netherlands are being represented by lawyer Frederik-Karel Canoy in a complaint accusing unnamed defendants at SG of breach of trust, fraud, use of forged documents, complicity and receipt of stolen goods, according to Bloomberg.