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Analysis

HSBC Exec Conviction A Cautionary Tale To Forex Market

By Stewart Bishop ( October 24, 2017, 10:58 PM EDT) -- The conviction of former HSBC foreign currency exchange executive Mark Johnson on fraud and conspiracy charges over his handling of a $3.5 billion currency swap for Cairn Energy PLC has put banks around the world on notice about front-running forex deals, but it leaves unanswered questions about where to draw the line....

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