Foreign news: FBI charges HSBC executives over forex fraud
The FBI arrested a senior HSBC banker as he attempted to board a plane in New York on Tuesday night, The Guardian reports. HSBC's global head of foreign exchange trading Mark Johnson has been charged with rigging a multi-billion dollar currency deal to defraud clients. A warrant was issued for a second HSBC executive, European head of foreign exchange Stuart Scott. Johnson and Scott are the first people to be charged in connection with the US Government long-running investigation into forex market rigging.