Relief for minibond investors, gloom for DBS shareholders

Avantas

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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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