HSBC's Johnson is released on $1 million bond
Mark Johnson, banned from leaving the US, puts up $300,000 and his house to meet bail
A senior HSBC banker accused by federal prosecutors of conspiring to commit wire fraud has been released on a $1 million bond, after securing $300,000 in cash and putting up his house in the UK.
Mark Johnson, a 50-year-old UK citizen and head of global foreign exchange cash trading at HSBC, was arraigned on July 20 at the US District Court Eastern District of New York. He must now find two guarantors to sign the bond and post the cash by July 22, as instructed by magistrate judge Lois Bloom
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