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Thursday, October 9, 2008

Hong kong: Curb on banks' investment sales aired


HKMA weighs halt to minibond business;
DBS bank offers payouts if buyers were misled

The Hong Kong Monetary Authority is considering a ban on banks selling complex investment products such as minibonds. It is one of the possible measures to be taken to protect small investors from financial turmoil....

http://www.scmp.com/portal/site/SCMP/menuitem.2c913216495213d5df646910cba0a0a0/?vgnextoid=2ffcff19872ec110VgnVCM100000360a0a0aRCRD&vgnextfmt=teaser&ss=Hong+Kong&s=News

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