HSBC

HSBC Holdings will take a $1.1 billion provision in its third-quarter results related to long-running litigation stemming from the Bernard Madoff fraud, the company said Sunday.

HSBC Holdings on Thursday announced a proposal to take full ownership of its Hong Kong subsidiary, Hang Seng Bank, in a deal valued at approximately 106.2 billion Hong Kong dollars ($13.6 billion).

HSBC Holdings said Wednesday it has issued $1.5 billion in new debt, a move that follows a recent effort to retire older bonds as part of a capital structure overhaul.

HSBC Holdings on Monday announced the pricing for its offer to buy back four series of subordinated notes, part of a move to manage its regulatory capital.

HSBC Holdings on Tuesday launched a cash offer to buy back four series of subordinated notes with a total outstanding principal of about $2.8 billion.