The trustee seeking money for Bernard Madoff’s victims filed two appeals on Thursday to reverse judges’ rulings that wiped out around $30 billion of his claims against banks including JPMorgan Chase & Co and HSBC Holdings Plc. U.S. District Judge Colleen McMahon of Manhattan in November took away all but $425 million of trustee Irving Picard’s $19.9 billion lawsuit against JPMorgan, Madoff’s main bank for two decades. Her colleague, Judge Jed Rakoff, in July dismissed $8.6 billion of Picard’s claims against HSBC and Italy’s UniCredit SpA. Read more on Reuters here.
