HSBC forex traders charged with criminal fraud but cleared on an internal HSBC probe

HSBC forex traders charged with criminal fraud
http://www.ft.com/cms/s/0/9c44fe7a-4e97-11e6-8172-e39ecd3b86fc.html#axzz4F33H4Ddd

The latest legal and regulatory concerns related come from an alleged situation of HSBC’s FX desk front-running a large corporate currency transaction. The profit estimated for the bank, $8 million.

HSBC internal probe ‘cleared’ top forex traders
http://www.ft.com/cms/s/0/941eb8a8-4f32-11e6-88c5-db83e98a590a.html#axzz4F33H4Ddd

The HSBC review, conducted in the wake of a sweeping foreign exchange rigging scandal that erupted in 2013, was led by an external lawyer and found no breach of its code of conduct.