HSBC’s Johnson Out on Bond After Airport Arrest in Currency Case
- Johnson, Scott accused of trading ahead of $3.5 billion deal
- Cairn Energy said to have been the men’s front-running victim
HSBC Official Said to Face Charges in FX Rigging Probe
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Federal agents surprised an HSBC Holdings Plc executive as he prepared to fly out of New York’s Kennedy airport, arresting him for an alleged front-running scheme involving a $3.5 billion currency transaction in 2011.