big banks cam hsbc pun leh terkena dgn skim cepat kaya org putih ni kan...so jgnla terkejut kalau org msia pun ramai yg terkena...
LONDON (AFP) - - HSBC bank joined a list of top names in world finance admitting on Monday huge potential losses in a suspected scam by Wall Street figurehead Bernard Madoff, revealing they were fooled by a classic pyramid fraud.
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HSBC said that its exposure to the alleged long-running scheme was about one billion dollars.
Shares in Santander, the biggest bank in Spain and the second-largest in Europe after HSBC, plunged after the lender said it had an exposure of more than three billion dollars to Madoff Investment Securities in New York.
LONDON (AFP) - - HSBC bank joined a list of top names in world finance admitting on Monday huge potential losses in a suspected scam by Wall Street figurehead Bernard Madoff, revealing they were fooled by a classic pyramid fraud.
ADVERTISEMENT
HSBC said that its exposure to the alleged long-running scheme was about one billion dollars.
Shares in Santander, the biggest bank in Spain and the second-largest in Europe after HSBC, plunged after the lender said it had an exposure of more than three billion dollars to Madoff Investment Securities in New York.
