HSBC and UBS face legal issues over Madoff role

HSBC, UBS May Be Liable on Madoff as Fund Custodian
By Alan Katz, Jon Menon and Vernon Silver Jan. 15 (Bloomberg) -- HSBC Holdings Plc and UBS AG may be liable for as much as $3.2 billion of losses linked to Bernard Madoff in a dispute over the du
Investor activist group Deminor said on Thursday it is to file a legal complaint against UBS, HSBC, Hyposwiss and others for allegedly neglecting clients who invested in Madoff-related products
UBS and HSBC face investors' complaint in Madoff case Reuters Published: January 8, 2009 By Silke Koltrowitz and Lisa Jucca Investor activist group Deminor said on Thursday it is to file a lega