HSBC has appointed Julie Kerr as global head of funds and trustee services. Kerr leaves Citi to become a member of HSBC’s Securities Services executive committee. Kerr will be based in Hong Kong and ...

The large banks the trustee has sued the Swiss-based UBS, JPMorgan Chase in New York, and now HSBC in London were not alone in providing services or marketing products related to the Madoff fraud.

HSBC Holdings Plc asked a judge to dismiss a lawsuit filed by the trustee liquidating Bernard L. Madoff’s firm, saying he isn’t allowed by law to bring such suits on behalf of the confidence ...

The plaintiffs’ Complaint alleges, inter alia, that HSBC failed to discharge its duties as Trustee for 271 RMBS Trusts in violation of the Trustee Indenture Act (“TIA”) and state common law.

HSBC Trustee, the collective name given to the banking group's trust services business, has announced the appointment of Alistair Murray as head of corporate trust services for Hong Kong.