Senior HSBC executive held on wire fraud conspiracy charges

HSBC's head of global foreign exchange cash trading has been arrested and charged in the US for allegedly conspiring to commit wire fraud.

Senior HSBC executive held on wire fraud conspiracy charges
Wed, 20 Jul, 2016 - 20:25

HSBC's head of global foreign exchange cash trading has been arrested and charged in the US for allegedly conspiring to commit wire fraud.

The US Department of Justice said Mark Johnson, 50, allegedly conspired to defraud an HSBC client through a "front running" scheme.

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