HSBC Continues Legal Battle Over Fraud Settlement
Herald Fund SPC sued HSBC in 2009 for $65 billion fraud loss.
Provision reduces HSBC's common equity tier 1 capital ratio by 15 basis points.
HSBC will appeal court decision in Luxembourg.
HSBC spends $14 billion buying Hang Seng Bank.
HSBC cut jobs before buyout.
1 week ago