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Relief for minibond investors, gloom for DBS shareholders

Thread starter Avantas
Start date Oct 23, 2008

Avantas

Alfrescian

Loyal

Oct 23, 2008

Relief for some investors….

“DBS Group says it will spend US$53.4 million dollars to compensate some investors who bought structure-linked products of the collapsed Lehman Brothers.”

- ChannelNewsAsia

Gloom for DBS shareholders……

“DBS shares fell as much as 7.8 percent to S$10.70, the lowest since July 7, 2003 on concern its compensation to customers of structured products tied to Lehman Brothers Holdings Inc. will reduce profit.”

- Bloomberg

Filed under: From the Editor | Tagged: DBS, Lehman brothers, minibonds, Singapore

Watch the video here:

http://wayangparty.wordpress.com/20...ollars-to-compensate-some-minibond-investors/

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