A top HSBC executive has been charged with fraud in the US.
Mark Johnson, the company's global head of foreign exchange trading was arrested on Tuesday night and is due to appear in court later. A former colleague, Stuart Scott, has also been charged.
The two traders are accused by the US government of using inside information to profit from a $3.5bn (£2.6bn) currency deal.
Source: http://www.bbc.co.uk/news/business-36848315
Another HSBC scandal. On top of the Money Laundering charges would you trust them with your money?