August 29, 2016 BY LeapRate Staff

HSBC Forex trading head Mark Johnson pleads not guilty in first criminal charges from DoJ FX probe

Former HSBC Holdings plc (ADR) (NYSE:HSBC) global head of foreign exchange cash trading Mark Johnson pleaded not guilty today in U.S. criminal court to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients. Mark Johnson was arrested in July and became the first person to…

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