HSBC Holdings to Book $1.1B Provision Related to Madoff Case

wsj.com/finance/hsbc-holdings-to-book-1-1b-provision-related-to-madoff-case-f1796b69

The London-based bank said that a unit is defending a claim brought by Herald Fund SPC for restitution of securities and cash in the lawsuit relating to the Bernard L. Madoff Investment Securities LLC fraud.

This story appeared on wsj.com, 2025-10-27 00:30:00.
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