$1.1B Provision: HSBC Warns Madoff-Related Court Case Could Take Years to Settle
- Posted on October 28, 2025
- By International Business Times
- 5 Views
$1.1B Provision: HSBC Warns Madoff-Related Court Case Could Take Years to Settle
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.
