Ex-HSBC Trader Mark Johnson Awaits Final Verdict After Closing Arguments

[kreslik.news]

The trial of Mark Johnson, HSBC’s former top trader and Head of Global FX Cash Trading, was concluded yesterday in New York. The three-week trial saw Johnson facing a barrage of allegations for his involvement in a $3.5 billion Cairn Energy transaction. The trial was capped off by a 5.5-hour testimony from the defense counsel.

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The past three weeks have seen Johnson under siege for his dredged up statements surrounding his Cairn Energy transaction a few years ago. Johnson, a ... (read more)