PARIS, Oct 19 (Reuters) - Charles Milhaud, chairman of French mutual bank Groupe Caisse d'Epargne, confirmed on Sunday that he was resigning following a 600 million euro ($808 million) trading loss at the bank.
In a statement, Milhaud added that he was not seeking any payoff as a result of his resignation.
(Reporting by Sudip Kar-Gupta) ($1=.7424 Euro) Keywords: CAISSEDEPARGNE/CHAIRMAN tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
In a statement, Milhaud added that he was not seeking any payoff as a result of his resignation.
(Reporting by Sudip Kar-Gupta) ($1=.7424 Euro) Keywords: CAISSEDEPARGNE/CHAIRMAN tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.