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Feds Want 7-Year Prison Term For Ex-HSBC Forex Banker

By Stewart Bishop (April 6, 2018, 5:41 PM EDT) -- Prosecutors on Thursday asked a New York federal judge to sentence former HSBC foreign currency exchange executive Mark Johnson to seven years in prison, saying he was the ringleader of a con that defrauded Cairn Energy PLC by front-running a $3.5 billion currency swap in order to make millions of dollars for the bank at the expense of the Scottish oil and gas developer....

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