HSBC

Tag: HSBC

Firm formerly controlled by Browder again denied recovery of claim against HSBC in full

The Sixteenth Commercial Court of Appeals has upheld recovery of 388,400 rubles ($6,000) from HSBC Bank and HSBC Management in favor of a firm believed to be formerly controlled by William Browder’s Hermitage Capital Management, denying to grant its claim in full.

10:54 01.11.2019

Russian company seeks to recover $1.8 million in court costs from HSBC Management

Bankruptcy manager of Dalnaya Step, a company believed to be formerly controlled by William Browder’s Hermitage Capital Management, Kirill Nogotkov, seeks to recover 125.3 million rubles ($1.8 million) in court costs from HSBC Management (Guernsey) and HSBC Bank (RR).

10:59 24.12.2018

Russian Supreme Court postpones review of dispute involving HSBC

The Supreme Court of Russia has postponed the hearing of a dispute between HSBC Bank (RR) and Kirill Nogotkov, the bankruptcy manager of Dalnaya Step, a company believed to be formerly controlled by William Browder’s Hermitage Capital Management.

17:47 28.06.2018

HSBC and manager of firm formerly controlled by Browder aim to settle dispute amicably

HSBC Bank (RR) and Kirill Nogotkov, the bankruptcy manager of Dalnaya Step, a company believed to be formerly controlled by William Browder’s Hermitage Capital Management, are to consider settling their dispute in an amicable way.

17:55 07.05.2018

Russian court reduces amount of recovery from HSBC to firm formerly related to Browder

The North Caucasus District Commercial Court has reduced the amount to be collected from HSBC Management (Guernsey) and HSBC Bank (RR) in favor of Dalnaya Step, a company believed to be formerly under the control of William Browder’s Hermitage Capital Management, by $255,500 and £1,800,000 respectively.

17:10 23.11.2017

Recovery of $31 mln from HSBC in favor of firm formerly related to Browder upheld

The Sixteenth Commercial Court of Appeals has upheld an order to collect 1.8 billion rubles (about $31 million) from HSBC Management (Guernsey) and HSBC Bank (RR) in favor of Dalnaya Step, a company believed to be formerly under the control of William Browder’s Hermitage Capital Management.

15:52 03.10.2017

Russian court suspends recovery of $30.4 mln from HSBC

The Sixteenth Commercial Court of Appeals has suspended the procedure of recovering 1.8 billion rubles (about $30.4 million) from HSBC Management (Guernsey) and HSBC Bank (RR) in favor of Dalnaya Step, a company believed to be formerly under control of William Browder’s Hermitage Capital Management.

10:58 01.09.2017

Russian court recovers $30 mln from HSBC in favor of company connected to Browder

A court in Kalmykia has recovered over 1.8 billion rubles (about $30 million) from structures of HSBC banking holding in favor of Dalnaya Step, a company believed to be formerly under the control of William Browder’s Hermitage Capital Management.

18:07 02.08.2017

Tennis player Safin suspected of multimillion tax evasion

Former world number one tennis player Marat Safin is suspected of evading taxes on $4.87 million, which he kept at HSBC several years ago, according to information made public by the International Consortium of Investigative Journalists (ICIJ).

14:35 10.02.2015

New York Attorney General sues HSBC for violating foreclosure law

New York Attorney General's Office is suing HSBC Holdings Plc for allegedly breaking the New York foreclosure law. The company has reportedly failed to meet requirements for giving homeowners the opportunity to negotiate loan modifications.

12:41 05.06.2013

Critics say HSBC deal shows money laundering pays

The US Justice Department announced Tuesday that HSBC, Europe’s biggest bank, would pay the fine as part of a deferred-prosecution agreement to settle allegations that it transferred money through its US operations for Mexican drug cartels and nations deemed rogue states by Washington, including Iran.

09:31 12.12.2012