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US Appeal Court Upholds Conviction of Ex-HSBC Exec for Currency Fraud
A U.S. court of appeal on Thursday upheld the conviction of Mark Johnson, former head of global foreign exchange at HSBC HOLDINGS (00005.HK), for currency fraud in a US$3.5 billion...
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US Appeal Court Upholds Conviction of Ex-HSBC Exec for Currency Fraud
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A U.S. court of appeal on Thursday upheld the conviction of Mark Johnson, former head of global foreign exchange at HSBC HOLDINGS (00005.HK), for currency fraud in a US$3.5 billion trade. A three-judge panel opined that the jury had provided enough evidence for the verdict.

Johnson’s lawyer reiterated Johnson's innocence and expressed disappointment on the result, adding they will keep taking legal proceedings to clear Johnson's name.
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