A former HSBC Holdings PLC executive was found guilty in October on charges that he misused information about a clients $3.5 billion currency trade, a scheme that netted around $7.3 million in profits for the bank. "Former HSBC Executive Convicted of Fraud for Front-Running -- Update," at 1:46 p.m. ET on Oct. 23, 2017, incorrectly described some of those profits as fees. The error was repeated in subsequent updates at 2:37 p.m. and 4:49 p.m.

 

(END) Dow Jones Newswires

June 14, 2018 12:15 ET (16:15 GMT)

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