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Ex-HSBC Trader Fights Extradition as Boss’s U.S. Trial Nears End

  • Stuart Scott to fight U.S. extradition in London court Monday
  • Co-accused on trial in New York tells jurors Scott ran deal
Mark Johnson

Mark Johnson

Photographer: Mark Kauzlarich/Bloomberg

Stuart Scott, HSBC Holdings Plc’s one-time head of currency trading in London, starts his fight this week against extradition to the U.S., as the trial of his ex-boss nears a conclusion in a courtroom across the Atlantic.

Scott appears before a U.K. judge Monday to start two days of hearings that may decide whether he’s sent to face charges that he schemed to rig foreign-exchange markets. Last week, his former boss Mark Johnson, who is on trial over the same allegations, told a New York jury that Scott was responsible for the deal at the center of the charges.