U.S. court upholds ex-HSBC executive’s conviction for foreign-exchange scheme

September 12, 2019 admin Business News Comments Off on U.S. court upholds ex-HSBC executive’s conviction for foreign-exchange scheme

A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.

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Source:: Reuters – Business News