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SocGen duo in insider probe

FRANCE&rsquo;s market watchdog began an insider trading probe against two Soci&eacute;t&eacute; G&eacute;n&eacute;rale executives, including high-flying Jean-Pierre Mustier, who announced his resignation from the French bank yesterday.<br /><br />SocGen said it had been told by Mustier and non-executive director Robert Day that they had each been advised by the French financial regulator of insider trading proceedings against them.<br /><br />SocGen said both men reject the allegations and added that the bank did not comment on ongoing individual procedures.