As prosecutors asked to jail Bernard Madoff for 150 years, a U.S. District Court judge Friday entered a preliminary order calling on the convicted Ponzi schemer to forfeit more than $170 billion in ...

Herald Fund SPC sued HSBC's Luxembourg unit in 2009, claiming restitution of securities and cash it said were lost in the ...

HSBC Holdings Plc is once again back in the legal spotlight this time setting aside $1.1 billion to cover potential losses linked to inve ...

A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in ...

On December 11, 2008, the financial world was rocked by the arrest of Bernard Madoff, a man once revered as a titan on Wall Street. His name had long been synonymous with trust and success in ...

HSBC Holdings Plc (NYSE:HSBC) lifted its profitability outlook for 2025, signaling confidence in its turnaround even as ...

In 2017, the world was captivated by the story of disgraced financier Bernard Madoff, who was brought to life on television screens by HBO's "The Wizard of Lies." The film chronicles the real-life ...

HSBC joins other global financial institutions who have been battling cases. (Oct 27): HSBC Holdings plc will set aside ...

HSBC Holdings Plc said it sees a provision of $1.1 billion on litigation related to claims against investors who lost money in Bernard Madoff’s fraud.

Sign up for Forwarding the News, our essential morning briefing with trusted, nonpartisan news and analysis, curated by Senior Writer Benyamin Cohen. One of Bernard ...

Madoff aide's lawyer says working for a psychopath blurs sense of right, wrong. Feb. 10, 2014 -- Bernard Madoff: psychopath? That's one of the questions expected to be asked this week in a Manhattan ...