FSA charges ex-Mizuho man with insider dealing

THE FSA has charged former Mizuho investment banker Thomas Ammann and two of his associates with insider dealing, the regulator said yesterday.

Ammann, who was fired from the bank shortly after he was arrested in November last year, was also charged with money laundering and encouraging insider dealing.

Christina Weckwerth, who is based in Germany, and Jessica Mang were both charged with insider dealing, the FSA said. Weckwerth was also charged with money laundering.

The charges relate to trading in shares of Canon-owned Dutch print maker Oce between February and November 2009, the FSA said.

“The FSA has not expressed any concern about Mizuho International or its systems and controls,” said the bank.

All three are due to appear at City of Westminster Magistrates Court in London on 23 August.