Friday, October 10, 2008

Hong kong: Curb on banks' investment sales aired


HKMA weighs halt to minibond business;
DBS bank offers payouts if buyers were misled

The Hong Kong Monetary Authority is considering a ban on banks selling complex investment products such as minibonds. It is one of the possible measures to be taken to protect small investors from financial turmoil....

http://www.scmp.com/portal/site/SCMP/menuitem.2c913216495213d5df646910cba0a0a0/?vgnextoid=2ffcff19872ec110VgnVCM100000360a0a0aRCRD&vgnextfmt=teaser&ss=Hong+Kong&s=News
at

3 comments:

  1. AnonymousOctober 10, 2008 4:01 PM

    If DBS offered payout to buyers who were misled in HK ..

    They should do it in SINGAPORE..

    ReplyDelete
  2. AnonymousOctober 10, 2008 6:47 PM

    DBS is our local bank, yet they only offer to buyer in HK only.

    ReplyDelete
  3. ParkaOctober 11, 2008 10:44 AM

    Yah. Talk about the irony and silliness.

    ReplyDelete