Top HSBC executive pleads not guilty to rigging forex markets

Published Tue, Aug 30, 2016 · 09:50 PM

    New York

    AN HSBC Holdings plc executive pleaded not guilty on Monday to rigging foreign-exchange (forex) markets in the first US case of its kind.

    Mark Johnson, HSBC's global head of forex cash trading in London, was arrested in July at New York's Kennedy airport as he was about to board a plane for the UK.