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Tag Archives for " Pinnacle "

New Timeline for Investors of Structured Products

More than two months ago, MAS spelt out the timeline for handling of disputes with regards to the sale of structured products like the Minibond, DBS High Notes, Jubilee and Pinnacle. Among other things, it spelt out that financial institutions should: acknowledge receipt of a customer’s complaint within two working days; have an interview with […]

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Reply to Parliament on Lehman-Linked Products

Question Ms Sylvia Lim: To ask the Senior Minister (a) whether structured notes similar to Lehman Brothers products were sold to small retail investors in the United States and in the same manner as in Singapore through bank branches; (b) if so, how disgruntled investors are being handled by the American Federal Reserve, compared to […]

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Pinnacle Notes 9 and 10 Default

Morgan Stanley have officially announced today that a mandatory redemption event of Pinnacle Notes 9 and 10 has occured. Unfortunately, investors will be getting back nothing.  Morgan Stanley have published a FAQ on this event that occured to series 9 and 10. They have also uploaded information on all the different Pinnacle series at their […]

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Pinnacle Notes Default

There are news that Pinnacle Notes series 9 and 10 had a forced liquidation event. This is due to defaults in the underlying securities some of which are Lehman Brothers, Freddie Mac, Fannie Mae and Kaupthing banki. Investors will likely be getting back nothing.  Series 1, 2, 6 and 7 are also in danger as they […]

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Open Forum with UOB Kay Hian

Posting on behalf of UOB Kay Hian Investors Group We would like to invite all investors who have invested in the Lehman Brothers Minibonds, Merrill Lynch Jubilee and Morgan Stanley Pinnacle Notes through UOB Kay Hian (UOBKH), to participate in an open forum with UOBKH. This invitation is open to investors regardless of whether you […]

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