IN BRIEF: Ex-Forex Traders in Singapore Get Jail Time for Cheating Banks

Courtesy www.bloomberg.com

Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks for cheating the banks by making false trades. Former HSBC senior dealer Ivan Chng was sentenced to 15 weeks in jail, Singapore High Court Justice See Kee Oon said on Wednesday.

https://www.bloomberg.com/news/articles/2017-02-22/ex-forex-traders-in-singapore-get-jail-time-for-cheating-banks

 

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