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HSBC announces $1.1bn provision related to Madoff court case

Published by Benjamin Chiou on 27th October 2025

(Sharecast News) - HSBC has announced that it will take a $1.1bn impairment charge in its third-quarter results after losing an appeal in a long-running lawsuit in Luxembourg related to Bernard Madoff's multibillion-dollar Ponzi scheme.

URL: http://www.digitallook.com/dl/news/story/35449102/...

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