HSBC and Nomura take losses on Madoff Scandal Investment in Madoff funds may prove worthless

SBC Holdings and Nomura Holdings, appear to have money at risk from the massive fraud alleged to have been perpetrated by New York money manager Bernard Madoff.
Madoff Is Thorn In HSBC, Nomura's Side Tina Wang, 12.15.08, 03:02 AM EST Asian financial giants may be exposed to Ponzi scheme, but their losses should be limited. HSBC Holdings PLC 01/09/2009 4
SBC Holdings and Nomura Holdings, appear to have money at risk from the massive ...