A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in ...
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 $170 billion in ...
HSBC Holdings ($HSBC) ($GB:HSBA) is bracing for a financial setback tied to one of the biggest frauds in history. Ahead of ...
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.
A Cayman Islands fund sued Europe’s biggest bank soon after Bernie Madoff’s Ponzi scheme unraveled, alleging HSBC had failed to protect its assets Joe Wallace ...
HSBC bank on Monday revealed a financial charge of $1.1 billion linked to money sought by a European fund caught up in the late Bernard Madoff's huge investment fraud.
From the BBC World Service: Banking giant HSBC has set aside over $1 billion for litigation related to Bernie Madoff.
How Bernie Madoff's Ponzi scheme affected the New York Mets, leading to Bobby Bonilla's infamous contract. A story of greed and financial fraud in Major League Baseball.