US probes possible HSBC leak to hedge fund, WSJ says
The US Department of Justice is investigating allegations that an employee of HSBC leaked confidential client information to a so-called 'hedge-fund'.
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The event may have taken place in March 2010, when the London-based bank was advising Prudential on an acquisition involving a multi-billion dollar transaction.
The Wall Street Journal points out that it would mark a "new twist" in the international probes into misconduct in foreig exchange markets.