Ex-HSBC FX Trader Scott Loses U.K. Bid to Block Extradition
- U.K. judge orders extradition of Stuart Scott to America
- Scott accused of front-running currency deal for Cairn Energy
Stuart Scott arrives at Westminster Magistrates' Court in London on Oct. 16, 2017.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
HSBC Holdings Plc’s former head of currency trading in London can be extradited to the U.S. to face fraud charges, a London court ruled, three days after his old boss was convicted over the same allegations.
Stuart Scott said he would appeal as soon as Judge Michael Snow ruled against his bid to stay in the U.K., continuing to insist he’d done nothing wrong.