HSBC London Head of Foreign Exchange, Mark Johnson Arrested in New York

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HSBC London Head of Foreign Exchange, Mark Johnson Arrested in New York

Postby kreslik.news » Tue Jul 19, 2016 2:35 pm


One of the senior foreign exchange executives in HSBC’s London office, Mark Johnson has been apprehended in New York this morning, Bloomberg reports. The arrest is linked to the foreign exchange market fixing scandal with HSBC’s global head of foreign exchange cash trading in London being the first individual to face charges in the U.S.

According to sources cited by Bloomberg, Mr Johnson is to face a judge later today in Brooklyn. The allegations against HSBC’s employee are for conspiracy to commit wire fraud.

Bloomberg has previously reported that some individuals could be getting charged in relation to the foreign exchange market ... (read more)

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michal.kreslik
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Re: HSBC London Head of Foreign Exchange, Mark Johnson Arrested in New York

Postby michal.kreslik » Thu Jul 21, 2016 10:24 am

Looks like the party begins.

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Re: HSBC London Head of Foreign Exchange, Mark Johnson Arrested in New York

Postby TheRumpledOne » Thu Jul 21, 2016 2:44 pm

Did you know any of these guys?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby michal.kreslik » Thu Jul 21, 2016 2:53 pm

TheRumpledOne wrote:Did you know any of these guys?


Can't comment on this, but I'm expecting to see more news of this kind.

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