HSBC Traders Blamed Forex Spike On Russia Bank, Jury Told

By Stewart Bishop (September 26, 2017, 8:23 PM EDT) -- An HSBC executive and cooperating witness in the trial of the bank's former head of foreign exchange spot trading, who's accused of illicitly trading on Cairn Energy PLC's $3.5 billion currency swap, on Tuesday told a Brooklyn jury of how HSBC traders blamed a Russian bank when the trade went south for Cairn....

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