Swiss association eyes Lehman damage as listing suspended

The Swiss structured products association (SSVP) has issued a statement that attempts to evaluate the impact of the Lehman Brothers collapse, while derivatives exchange Scoach has suspended trading of all issuances by the now-defunct bank.

Media estimates have put the amount of over-the-counter Lehman structured products held by investors in Switzerland at SFr650million ($590 million). However, the SSVP has dismissed this figure as overblown by at least a half, saying it is doubtful the entire i

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