Thursday, September 15, 2016

HSBC wins dismissal of Madoff customer class action in U.S.

NEW YORK, Sept 15 (Reuters) - HSBC Holdings Plc on

Thursday won the dismissal of a lawsuit by former Bernard Madoff

customers who accused the British bank of fueling his massive

Ponzi scheme by ignoring red flags and encouraging "feeder

funds" to invest with him.

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