Skip to main content
RSS Feed

Articles tagged by Federal Reserve

And Another Thing... I have a lot of respect for the Federal Reserve and the people that work there, but I have to ask: is it just another example of a dysfunctional regulatory framework?
Fed Seeks to Bar HSBC FX Traders The US Federal Reserve has moved to ban Mark Johnson, global head of spot FX trading at HSBC, and Stuart Scott, the bank’s former head spot trader for EMEA. According to court documents, the Fed argues that both mens’ continued service or participation in the conduct of the affairs of any relevant depository institution posed, poses, or may pose a threat to the interests of depositors of such institution, or threatened, threatens, or may threaten to impair public confidence in such institution.