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