Banker claims he was sacked for being too successful

By Matthew Moore 730AM GMT eighteen March 2010

Raphael Geys alleges that he was sacked by Socit Gnrale, France"s second largest bank, for being "too successful."

During his time as handling executive of the bank"s European bound income sales division, Mr Geys some-more than doubled revenues from �183 million (€205 million) to �394 million (€440 million), according to writings submitted to the High Court in London.

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When he was discharged in Nov 2007 the landowner deserted a �7 million (€7.9 million) separation offer, claiming he was entitled to almost more.

Socit Gnrale has right away cold the strange offer, claiming that by receiving authorised movement over the distance of his boon Mr Geys has damaged the conditions of his stipulate and dispossessed all benefits.

He is right away claiming a separation package of �9 million (€10 million) and damages. Court writings submitted by the banker"s authorised group state "He was discharged for being as well successful in that purpose since the supplies in his stipulate were deliberate by the bank to be as well generous."

On Socit Gnrale"s explain that Mr Geys is right away due nothing, the writings supplement "The parties concluded in his stipulate a package of sums to be paid to the petitioner in the eventuality that the stipulate was terminated, sums wise his practice standing and grant to the business.

"The bank right away cynically explain in this movement they are not thankful to compensate the petitioner a penny piece. That defence, with all the deception and sophistication, should be dismissed."

A orator for the bank pronounced currently "Raphael Geys worked for Socit Gnrale Corporate and Investment Banking in between Jan 2005 and Nov 2007 as a handling executive in European Fixed Income Sales.

"We are energetically fortifying the claims that have been brought opposite the bank. However, while authorised record are ongoing it would be inapt to have any criticism at this stage."

Socit Gnrale is most appropriate well known in Britain for the "rogue trader" Jerome Kerviel, whose fake exchange cost the bank an estimated �4.4 billion (€4.9 billion) until he was unclosed in 2008. The bank employs around 2,300 people in London and posted increase of �608 million (€678 million) last year.

Mr Geys accomplished giving his justification yesterday