Search This Blog

Google Analytics

Friday, October 03, 2008

Banks in Hong Kong in Private Talks With Investors to Avoid Lehman Suits

Three banks are secretly negotiating with angry investors to prevent being taken to court over the distribution of Lehman Brothers minibonds, according to sources.

According to the source, the banks involved are Dah Sing Bank, DBS Bank (Hong Kong) and Mevas Bank, which is part of the Dah Sing Banking Group.

Banks in `secret' deals to avoid Lehman suits
http://www.thestandard.com.hk/news_detail.asp?pp_cat=11&art_id=72415&sid=20823932&con_type=1&d_str=20081002

No comments:

Post a Comment

Do provide your constructive comment. I appreciate that.

Popular Posts