Bloomberg.com, 30 Oct 2008, Andrea Tan
Oct. 30 (Bloomberg) -- DBS Group Holdings Ltd. said it will review by the end of the year all 1,400 cases of investors in Singapore who have lost money on S$103 million ($70 million) of structured notes tied to failed Lehman Brother Holdings Inc.
The bank, Southeast Asia's largest by assets, will investigate each individual concern on the notes as it starts compensating some investors for their losses last week, Rajan Raju, a DBS managing director, told reporters today after meeting with investors in Singapore.
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