Ex-HSBC Exec Tells 2nd Circ. $3.5B Forex Deal Was No Fraud

By Stewart Bishop (May 31, 2019, 9:11 PM EDT) -- An attorney for former HSBC foreign currency exchange executive Mark Johnson on Friday asked the Second Circuit to overturn his conviction for defrauding Cairn Energy PLC in a $3.5 billion currency deal, saying it wrongly criminalizes an arm's-length transaction between two sophisticated parties....

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