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HSBC to book $1.1 billion provision after Luxembourg court ruling in Madoff case
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HSBC to book $1.1 billion provision after Luxembourg court ruling in Madoff case
Oct 26, 2025 4:01 PM

Oct 27 (Reuters) - HSBC Holdings ( HSBC ) said on Monday

it will recognise a provision of $1.1 billion in its

third-quarter results after a Luxembourg court ruling in a

long-running lawsuit tied to the Bernard Madoff investment

fraud.

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