‘ DOJ INVESTIGATING HSBC EMPLOYEE OVER POSSIBLE LEAK OF CONFIDENTIAL INFORMATION ‘

#AceFinanceNews – UNITED STATES – Nov.26 – The Justice Department is investigating whether an HSBC employee may have leaked confidential information to a hedge fund, Dow Jones reported.

According to the report, the alleged leak occurred while the bank was advising Prudential “on a huge acquisition and was working on a related multi-billion-dollar currency transaction.”

HSBC self-reported the alleged incident to U.S. and British authorities, Dow Jones said.

#AFN2014 

#confidential, #doj, #leaked