>> ASIAONE / BUSINESS / NEWS / MY MONEY / STORY
Swift relief for most vulnerable investors
Thu, Oct 23, 2008
The Straits Times

By Francis Chan

INVESTORS who lost huge sums in the High Notes 5 and Minibonds fiasco may get some - or even all - of their cash back after dramatic late-night moves by three financial institutions that sold the discredited products.

DBS Bank, Maybank and Hong Leong Finance said they are working hardest to help the 'highly vulnerable' investors, including the elderly and less educated.

They have fast-tracked handling such cases, contacting and meeting their affected customers to review their cases.





For more The Straits Times stories, click here.

 

 
STORY INDEX
 
  Swift relief for most vulnerable investors
   
 
  Cancer-stricken retiree loses $190,000 to big crash
   
 
  Financial roundup
   
 
  Got greedy and lost my savings
   
 
  MAS allows 3 local banks to retain auditor beyond five years
   
 
  Financial roundup: Oct 21
   
 
  Australia extends ban
   
 
  S'pore banks 'unlikely to fail'
   
 
  Gone: The $500 million dollar dream
   
 
  Hello? We can't repay our loans
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg