Posts Tagged ‘Bernard Madoff’

Funds Sued by Madoff Trustee File Claims Against HSBC

Alpha Prime Fund Ltd. and Senator Fund SPC, two funds sued along with HSBC Holdings Plc by the trustee liquidating Bernard Madoff’s firm, filed so-called cross claims against HSBC. View full post on Business Stories

Half of Madoff money recovered by trustee

A lot of Bernard Madoff money has now been recovered. View full post on Business Stories

Madoff Trustee Files 2nd Lawsuit For $9 Billion Against HSBC

In a span of one week, the court-appointed trustee of Bernard Madoff filed two lawsuits against major banks in a bid to recover money for Madoff’s victims. On Sunday, Irving Picard filed the second lawsuit for $9 billion against HSBC Holdings. View full post on Banking Stories

Madoff Trustee Files $6.4 Billion Lawsuit Against JPMorgan

A lawyer appointed as a trustee by a New York bankruptcy court filed a $6.4 billion lawsuit Thursday against JPMorgan Chase. Irving Picard said he filed the case because JPMorgan is the primary banker of Bernard Madoff and must carry some responsibility for the losses of the imprisoned con man’s victims. View full post on […]