Major commodity traders Trafigura Group and Gunvor Group have brought in teams of precious-metals traders this year, while ...

Investing.com -- HSBC Holdings is setting aside $1.1 billion for a lawsuit in Luxembourg connected to Bernard Madoff’s Ponzi ...

HSBC Holdings said on Monday it will book a $1.1 billion provision in its third-quarter results after losing part of an ...

(Oct 27): HSBC Holdings plc will set aside US$1.1 billion to cover litigation by investors who lost money in Bernard Madoff’s ...

London-headquartered HSBC will book a significant provision from a Luxembourg court ruling on a long-running lawsuit related ...

HSBC will set aside $1.1bn for a lawsuit brought by investors who lost money in Bernard Madoff’s multibillion-dollar Ponzi ...

JPMorgan Chase & Co. plans to allow institutional clients to use Bitcoin and Ether as collateral for loans by the end of 2025 ...

Facing uncertainty over eventual cost of lawsuits related to the Ponzi scheme, bank announces provision in its third-quarter ...

HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results following a court ruling ...

HSBC Holdings is booking a provision of $1.1 billion for a lawsuit in Luxembourg related to Bernard Madoff's multibillion-dollar Ponzi scheme, one of the largest financial frauds in American history.

It joins other global banks unexpectedly hit recently with ballooning costs on various cases dating back years. Read more at ...