A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in ...
From fortune to financial hardship – here are some of the A-Listers who lost their hard-earned money, and whether they got it ...
Bernard F. Conners, an Albany-area businessman and novelist, dies at 99 after a careers in pro football, the FBI, writing, ...
The lender reported pre-tax profits of 7.3 billion US dollars (£5.5 billion) for the third quarter, down from 8.5 billion US ...
Good morning from the City AM liveblog team. It may have been more than 15 years since he was convicted and four years since ...
The Bernie Madoff investment scandal was uncovered in 2008 but it is still reverberating on banks’ balance sheets today. HSBC ...
HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff's Ponzi scheme, history ...
HSBC is facing a $1.1bn (£826m) hit after losing a long-running legal battle with investors over Bernie Madoff’s Ponzi scheme ...
The London-headquartered lender will put by the provision in third quarter results due to be published on Tuesday.
HSBC will set aside $1.1bn for a lawsuit brought by investors who lost money in Bernard Madoff’s multibillion-dollar Ponzi ...