Thursday, 26 April 2018

Ex-HSBC executive sentenced to two years for foreign exchange scheme

NEW YORK (Reuters) - A former HSBC Holdings Plc executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy Plc in a $3.5 billion (£2.5 billion) currency trade in 2011.


from Reuters: Top News http://uk.reuters.com/article/uk-hsbc-usa-crime/ex-hsbc-executive-sentenced-to-two-years-for-foreign-exchange-scheme-idUKKBN1HX31B?feedType=RSS&feedName=topNews

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