Embattled ex-HSBC Johnson Pushes Back on Allegations, ‘Fair all around’
Posted: Wed Oct 11, 2017 10:19 am
One of HSBC’s former top traders and Head of Global FX Cash Trading Mark Johnson defended his actions this week during a trial in New York. Johnson attempted to shoot down the allegations of market manipulation and illicit gains, affirming the fairness of his actions in a $3.5 billion Cairn Energy transaction.
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Johnson’s trial kicked off last week in New York, having originally apprehended the UK national in JFK airport last month. Prosecutors had been pointing to a variety of circumstances and ... (read more)