However, the lack of data, such as the jobs report, because of the U.S. government shutdown, means we don't know what the ...

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

HSBC sets aside $1.1B after Luxembourg court partially upholds Madoff-related claims, warning the legal battle could take years to resolve, impacting profits and highlighting ongoing risks.

HSBC is preparing to absorb a $1.1 billion hit in its third-quarter results after a Luxembourg court ruled against the bank ...

The bank's profit before tax for the three months ended in September was $7.3 billion, down nearly 14% from a year ago.

Sample told CNBC, "The federal prison system acknowledges that he has only months left to live. The compassionate release statute is precisely for situations like Mr. Madoff’s." "Mr. Madoff has been ...

The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...

Few people outside of Wall Street had heard of Bernard Madoff before he confessed to his epic fraud in 2008. In the decade since, he has become the personification of greed — and a household name.