Popular Posts Last 7 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last 30 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last year_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts All time_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Islamophobia_$type=carousel$h=350$show=/search/label/Muslim%20World

Saudi Arabia$type=two$count=2$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Iran_$type=three$count=3$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Palestine$type=three$author=hide$comment=hide$rm=hide$date=hide$show=/search/label/Muslim%20World

Ex-HSBC executive found guilty of fraud in $3.5 billion currency trade

SHARE:

FILE PHOTO: Mark Johnson, a British citizen who at the time of his arrest was HSBC's global head of foreign exchange cash trading, exits following a hearing at the U.S. Federal Court in Brooklyn, New York, U.S. on August 29, 2016.

NEW YORK - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.

The verdict was read in federal court in Brooklyn, where Johnson was on trial for nearly four weeks.

U.S. prosecutors have said that Johnson, formerly head of HSBC’s global foreign exchange cash trading desk, schemed to ramp up the price of British pounds before executing a trade for Cairn, making millions for HSBC at Cairn’s expense.

COMMENTS

Name

Ads,5,Afghanistan,75,Africa,26,Americas,5,Animals,36,Argentina,1,Asia,235,Australia,11,Austria,5,Bahrain,2,Bangladesh,18,Barcelona,1,Belgium,3,Brunei,1,Business,1300,Canada,4,Catalan,80,China,118,Cuba,3,Czech Republic,3,DR Congo,1,Egypt,22,Ethiopia,1,Europe,237,Fitness,14,France,26,Germany,37,Headlines,11,Health,169,Hillary Clinton,199,Hong Kong,2,Hungary,1,Iceland,1,India,104,Indonesia,9,International,75,Iran,77,Iraq,77,Ireland,2,Islamophobia,19,Israel,10,Italy,3,Japan,36,Jordan,1,Kenya,7,Kosovo,1,Kuwait,3,Lebanon,2,Libya,2,Lifestyle,302,Lithuania,1,Malawi,1,Malaysia,15,Malta,1,Maxico,3,Middle East,127,Muslim World,598,Myanmar,35,Nawaz Sharif,5,Nepal,3,Netherlands,2,New Zealand,9,Niger,1,Nigeria,2,Nobel Prize,81,North Korea,53,Norway,1,Opinion,26,Pakistan,1036,Palestine,36,Philippine,16,Pics,66,Poland,3,Popular,1,Qatar,93,Rohingya,118,Russia,45,Rwanda,1,Saudi Arabia,83,Science,144,Serbia,2,Showbiz,350,Somalia,4,South Africa,1,South Korea,7,Spain,60,Sports,1311,Sudan,1,Sweden,1,Switzerland,2,Syria,112,Taiwan,2,Technology,449,Thailand,5,Today IN History,24,Top News,994,Tunisia,1,Turkey,77,U.S.,301,UAE,21,UK,51,Ukrain,2,Venezuela,4,Videos,75,Vietnam,2,World,4824,Yemen,21,Zimbabwe,2,
ltr
item
Muslim Global: Ex-HSBC executive found guilty of fraud in $3.5 billion currency trade
Ex-HSBC executive found guilty of fraud in $3.5 billion currency trade
A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011. The verdict was read in federal court in Brooklyn, where Johnson was on trial for nearly four weeks.
https://2.bp.blogspot.com/-j9i3B3N9fco/We4ihqvBTZI/AAAAAAAAlLE/HFyj2hoyPPUz_MU4rGAbEyyn-zEUDDbUgCLcBGAs/s640/Mark%2BJohnson%252C%2Ba%2BBritish%2Bcitizen%2Bwho%2Bat%2Bthe%2Btime%2Bof%2Bhis%2Barrest%2Bwas%2BHSBC%2527s%2Bglobal%2Bhead%2Bof%2Bforeign%2Bexchange%2Bcash%2Btrading.jpg
https://2.bp.blogspot.com/-j9i3B3N9fco/We4ihqvBTZI/AAAAAAAAlLE/HFyj2hoyPPUz_MU4rGAbEyyn-zEUDDbUgCLcBGAs/s72-c/Mark%2BJohnson%252C%2Ba%2BBritish%2Bcitizen%2Bwho%2Bat%2Bthe%2Btime%2Bof%2Bhis%2Barrest%2Bwas%2BHSBC%2527s%2Bglobal%2Bhead%2Bof%2Bforeign%2Bexchange%2Bcash%2Btrading.jpg
Muslim Global
http://www.muslimglobal.com/2017/10/ex-hsbc-executive-found-guilty-of-fraud.html
http://www.muslimglobal.com/
http://www.muslimglobal.com/
http://www.muslimglobal.com/2017/10/ex-hsbc-executive-found-guilty-of-fraud.html
true
616431133175714168
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy