Lehman minibond saga nears completion
The banks which sold Lehman Brothers-backed minibonds have been paid the underlying collateral.
The banks which sold Lehman Brothers-backed minibonds have been paid the underlying collateral.
HK’s SFC has agreed repurchase offers totalling nearly HK$1.5bn with firms which sold LB minibonds.
Hong Kong investors who lost money in the Lehman minibonds debacle could get up to 96.5% back.
A BOC HK manager has been found not guilty of fraudulently or recklessly selling Lehman minibonds.
Singapore has lifted a ban on the sale of structured notes imposed on six companies
Hong Kong’s regulator, the Securities and Futures Commission (SFC), is to push ahead with proposals to make intermediary commission disclosure mandatory as part of a wider beefing up of its investor p