Tuesday, April 20, 2010

Private banking - legal suits between banks and clients

Read this report.

5 comments:

  1. Merrill Has No Case Against Ex-Client in Singapore, Lawyer Says

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQbA0Fy41gHo

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  2. Private bankers are salesmen like insurance agents. They know next to nothing of what they are selling.

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  3. That's why Christine Ong of UBS (after they retrenched so many ppl during the financial crisis) that they hired 'hairdressers' in the past.

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  4. Many of them are young with not much experience, they are industry's greatest pretenders, not much substance.
    All they know is to invite you down, those in UOB even go to your house to chat with you.
    We always look down on these people. They keep watch on our deposits in their bank, call you and start to sing to you on the various investment schemes available.

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  5. “litigation is a poor substitute for regulation.”

    Source:
    http://finance.yahoo.com/news/When-Wall-Street-Deals-nytimes-3108017628.html?x=0

    ReplyDelete