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  1. Deduction decision in legal fight irks Lehman investors

    Posted Dec 19th 2008, 12:00am by Paggie Leung

    ... include a legal battle with liquidators for Lehman Brothers, whose lawyers have told HSBC that, under US bankruptcy law, issuing banks may not sell the derivatives. The banks had intended selling ...

  2. SFC to investigate claims banks dressed up Lehman minibonds

    Posted Sep 25th 2008, 12:00am by Joyce Man

    ... filed for bankruptcy. They blame local banks for misinforming them about the risk involved in holding them. The commission has warned they face substantial losses. The minibonds consist ...

  3. Regulators mull action on trading of HK unit

    Posted Sep 16th 2008, 12:00am by Denise Tsang, Enoch Yiu

    ... after Lehman filed for bankruptcy in the US yesterday. 'Market regulators will ensure trading on the Hong Kong stock market will be conducted in an orderly manner tomorrow,' Mr Tsang. ... filing of a bankruptcy order. The filing came after a rescue bid for the 158-year-old firm, which was hard hit by the subprime crisis, was withdrawn. Yesterday, an analyst with Lehman's Hong ...

  4. Profit warnings spark sell-down in Dah Sing

    Posted Nov 07th 2008, 12:00am by Staff Reporter

    ... of collateralised debt obligations. Dah Sing Banking said in September it had exposure of Euro31.9 million (HK$319 million) to a unit of Washington Mutual, which filed for bankruptcy in the US on September ...

  5. HK investors of Lehman minibonds fear losses

    Posted Sep 21st 2008, 12:00am by Staff Reporter

    ... They will protest in Central today to press the case for government help to settle their claims against Lehman Brothers, which filed for bankruptcy on Monday following huge losses on investments backed ...

  6. HK banks misled us, say investors

    Posted Sep 21st 2008, 12:00am by Staff Reporter

    ... for bankruptcy on Monday following huge losses on investments backed by subprime US mortgages. The investors who went to the Securities and Futures Commission yesterday said bank staff had encouraged ...

  7. Subcommittee to consider inquiry's impact on banks

    Posted Nov 14th 2008, 12:00am by Joyce Man

    ... Joyce Man Legislators must weigh up public interest against the potential impact on banks when considering whether to make the Legco investigation into the Lehman minibonds debacle open to the public, chairman of the subcommittee on the issue Raymond Ho C ...

  8. Insurers urged to broaden portfolios

    Posted Dec 29th 2008, 12:00am by Staff Reporter

    ... Jane Cai in Beijing Watchdog warns operators that efforts to cushion crisis impact point to big challenges Mainland insurers will face tremendous challenges in the next two years and must broaden their portfolios to tide them over the deepening economic c ...

  9. Boom coming to an end

    Posted Sep 16th 2008, 12:00am by Duncan Freeman

    ... The difficulties in the market were symbolised by Martinsa-Fadesa, the biggest real estate developer in Spain, filing for bankruptcy in July. Several other developers are in trouble, and have seen ...

  10. Regulators accused of ignoring warning

    Posted Oct 11th 2008, 12:00am by Ambrose Leung

    ... Ambrose Leung and Maria Chan Alarm raised five years ago about complex derivatives, but 'nobody seemed to care' A stock exchange research report five years ago warned of the lack of oversight of the sale of complex derivatives to small investors ...




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