Reuters, 22 Oct 2008, Saeed Azhar
INGAPORE, Oct 22 (Reuters) - DBS Group, Singapore's biggest bank, said it will compensate as much as S$80 million ($53.4 million) to some investors who bought structured products linked to collapsed bank Lehman Brothers.
Separately, Hong Leong Finance, a small lender, also said it will buy back Lehman-linked mini-bonds from elderly and less-educated customers, while Malaysian lender Maybank said it has identified mini-bond investors for compensation.
Read More
Related News:
DBS: Clients lost money in Lehman-linked notes - The Canadian Press
