Stuart Scott

US charges two HSBC executives over forex-related scheme

A senior HSBC Holdings Plc manager has been arrested and charged alongside a former foreign exchange executive with engaging in a scheme to front-run a $3.5 billion transaction by one of the bank`s clients, US prosecutors said on Wednesday.

Jul 21, 2016, 08:54 AM IST

HSBC dismisses London forex chief: Source

HSBC has dismissed its London-based European head of currency trading, a source close to the matter said Wednesday, one month after the bank was fined for foreign exchange market rigging.

Dec 10, 2014, 20:12 PM IST