A court ruling on Thursday is likely to mean UBS avoids direct compensation claims from investors who lost money to fraudster Bernard Madoff in a fund the Swiss bank had set up, and may save HSBC from similar suits.
REUTERS, New York Daily News: Business
Thu, 03/04/2010 - 9:44am
A court ruling on Thursday is likely to mean UBS avoids direct compensation claims from investors who lost money to fraudster Bernard Madoff in a fund the Swiss bank had set up, and may save HSBC from similar suits.