HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case

Thread starter International: Top News And Analysis
Start date Oct 27, 2025

International: Top News And Analysis

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Oct 27, 2025

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

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Title: HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case

Prefix: N/A

Forum: World News

Start date: Oct 27, 2025

Last reply date: Oct 27, 2025

Replies: 0

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Created: International: Top News And Analysis, Oct 27, 2025

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