Wednesday, October 29, 2025

Tag: restitution

HSBC to take $1.1 billion hit after Luxembourg court ruling in Madoff case

By Rishav Chatterjee and Selena Li (Reuters) -HSBC Holdings said on Monday it will...

HSBC to book $1.1 billion provision after Luxembourg court ruling in Madoff case

(Reuters) -HSBC Holdings said on Monday it will recognise a provision of $1.1 billion in its...