Martin Lee @ Sg

DBS Hong Kong Might Offer Full Compensation to Minibond Holders

South China Morning Post reported that DBS Hong Kong might pay full compensation to Lehman Minibond investors if they can prove they were mislead during the sales process. DBS has assigned 100 staff to review the 300+ cases. 

DBS said if they found any cases where the investor was mislead about the investor product, they will not rule out the possibility of repaying the customer in full.

You can listen to the audio here:

DBS Hong Kong to offer compensation (click on the play button at the bottom of the page)