
Singapore court dismisses investor claims against Standard Chartered over Lehman notes

A court in Singapore has dismissed a lawsuit brought by four investors against Standard Chartered Bank claiming that the UK bank misled them into buying certain investment products.
"The plaintiffs are former clients of American Express Bank which had invested in Lehman 10Y NC3M Callable Libor Range Accrual Note," says a spokesperson at Standard Chartered Bank in Singapore. "They had previously bought the notes through American Express Bank, which we acquired in March 2008.
The judge, Tay Yong
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Structured products
Risk management
Union beckons for the three quant tribes
Studies may be deferred, but future for grads is bright, argues UBS’s Gordon Lee
Receive this by email