Johnson’s lawyer brands trial a ‘governmental mistake’

On the tense first day of Mark Johnson’s trial, the prosecution claims he saw dollar signs

Mark Johnson at HSBC
Mark Johnson: the first trader to go on trial in the ongoing US currency investigation

The case against Mark Johnson, the senior HSBC executive accused of front-running a client on a $3.5 billion foreign exchange transaction, is a “governmental mistake”, according to his defence attorney, Frank Wohl of Lankler Siffert & Wohl.

The tense first day of the long awaited trial kicked off on Monday, September 25, during which the defence team argued Johnson acted in line with market practices, while prosecutors accused him of “seeing dollar signs” and front-running the deal of client

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