| 16 Aug 2010 [] US Class Action Suit against HSBC Inc. on Minibonds Court Report |
| US Class Action Suit against HSBC Inc. on Minibonds Court Reports |
| 15 Aug 2010 [] Lehman Brothers Holdings Inc. Chapter 11 Proceedings Examiner Report |
http://lehmanreport.jenner.com/ |
| 14 Aug 2010 [] 'Exposure - the truth about Lehman-HSBC Fraud' |
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| 01 Jun 2010 [] The Fine Print is Enlarged, But Will Investors Read It? |
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| 12 Mar 2010 [] 《IB Times》Judge says Lehman examiner can make report public |
U.S. Bankruptcy Judge James Peck approved the public release of the report at a Manhattan hearing. "I consider this to be one of the most extraordinary pieces of work product I have ever encountered," Peck said in remarks from the bench. "It reads like a best seller and it's so well organized that it's actually useful." |
| 06 Mar 2010 [] 《TheDeal Magazine》Asia: Life beyond the minibond |
| By Matt Miller Published March 5, 2010 at 1:31 PM | EXECUTIVE SUMMARY- Lehman's collapse hurt tens of thousands of retail investors who bought minibonds.
- Hong Kong and Singapore haven't banned the products but are tightening controls.
- Structured finance in Asia is only now beginning to stir from a near-death experience.
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 In Hong Kong and Singapore, angry investors took to the streets after the September 2008 collapse of Lehman Brothers Holdings Inc. The investment bank, it turns out, was one of the biggest peddlers of so-called minibonds. These wildly popular derivatives were designed to attract not institutional investors but retail customers and were sold through bank branches in denominations as low as $5,000.
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| 30 Jan 2010 [] 《SCMP》Quest for 'quick wins' blamed for fiasco |
Regulators probably felt pressure from the government to speed up the development of the investment products market, hurting their ability to properly protect investors, a former senior manager with the Securities and Futures Commission has alleged. |
| 27 Jan 2010 [] 《SCMP》Regulator 'could have avoided minibond fiasco' |
The Lehman Brothers minibond mess could have been avoided had the Securities and Futures Commission imposed the measures needed to properly vet their sale and suitability to investors, a former senior manager with the regulator said. More... |
| 29 Dec 2009 [] The Securities and Futures Commission (SFC) Press release |
The Securities and Futures Commission (SFC) and Grand Cathay Securities (Hong Kong) Ltd (Grand Cathay) today jointly announce an agreement to resolve issues arising from the SFC’s investigation into Grand Cathay’s sale of Lehman Brothers Minibonds. More...
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| 23 Dec 2009 [] The Securities and Futures Commission (SFC) & the Hong Kong Monetary Authority (HKMA) Press release |
|  | SFC, HKMA, Dah Sing Bank Ltd and Mevas Bank Ltd resolve issues concerning Lehman Equity Index-linked Principal Protected Notes. More... |
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| 05 Dec 2009 [] Investor Wins Lehman Note Arbitration |
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| 30 Nov 2009 [] Hong Kong's SFC seeks to impose tighter investment regulations |
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| 29 Nov 2009 [] Open Letter to President of the Legislative Council TSANG Yok-sing -- The Alliance of Lehman Brothers' Victims |
"Whistle-blowers -Rights to be Heard & Protected". The Alliance has painstakingly studied the documents relating to the scam and has every reason to believe that it could help the subcommittee to get to the truth. The Alliance wishes to reiterate its willingness to testify before the subcommittee. More... encl. 2-page letter to Dr. Raymond Ho |
| 28 Nov 2009 [] Letter To: Chief Executive of Hong Kong Monetary Authority -- The Alliance of Lehman Brothers' Victims |
| In your press release, you announced a suspension of three months of the registration of a salesperson who was alleged by you to have failed to perform certain duties of due diligence. Without even the barest minimal factual detail, the allegation is made in a contextual vacuum where the public are prevented from assessing how serious the alleged misconduct is. More... |
| 23 Nov 2009 [] HK Chief Exec's image takes a beating |
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| 06 Nov 2009 [] The Chief Executive and his consciousness of Conflict of Interest -- Alliance 's Press Release |
| Mr. Donald Tsang is no leader, and least of all political leader. This much is evident from his inability to appreciate what the convention expects of a statesman in his position. His sister-in-law is not a remote relative, and her loss in Lehman-related securities will not be seen as just another case - not by the community, nor by the officials, nor by the bank concerned. Just like justice should not only be done, but must be seen to have been done. Integrity of political leader in high place must strive to avoid not only actual conflict between his duties and his personal interests, but also the appearance of such conflict. Mr. Donald Tsang does not, or refuse to, understand this elementary principle, and this alone should have disqualified him from continuing to hold the public office arranged for him. |
| 06 Nov 2009 [] Hong Kong Proposes Allowing Class Actions After Lehman Losses |
| Nov. 6 (Bloomberg) -- Hong Kong’s Law Reform Commission proposed allowing class-action lawsuits in cases such as the losses thousands of investors in the city suffered on notes guaranteed by failed Lehman Brothers Holdings Inc. |
| 05 Nov 2009 [] LRC releases consultation paper onclass actions |
| Hong Kong (HKSAR) - The Law Reform Commission's Class Actions Sub-committee today (November 5) released a consultation paper proposing that a mechanism for multi-party litigation should be adopted in Hong Kong. |
| 02 Nov 2009 [] Derivatives sales tightened |
HONG Kong officials said on Monday they have tightened regulation of complicated investment products after thousands of local retail investors were burned by Lehman Brothers-backed derivatives last year. But lawmakers said the new measures fall short, and urged the government to prosecute banks that misled investors and to ban some risky products outright. |
| 23 Oct 2009 [] Letter to: SFC Mr. Martin Wheatley -- DBS Constellation Victim Alliance |
We, as DBS Constellation Victim Alliance, cordially request for: 1. Being treated equally as those Mini-Bond holders, 2. Compensation from DBS, as DBS designed, issued and distributed the Constellation Bond and also, acted as swap counterparties. This caused conflict of interest. They disregarded the Code of Practice laid by the Financial Regulator, which endangered the customers, 3. Effective investigation to resolve the long-dredged problem |
| 23 Oct 2009 [] Hong Kong investors launch legal challenge over investment bailout |
A group of investors who bought high-risk Lehman Brothers mini-bonds made a legal bid in a Hong Kong court Friday to overturn a 6.3-billion-Hong-Kong-dollar (807-million-US-dollar) buyback package. The unnamed investors claimed in a High Court writ that securities and banking regulators did not have the legal power to agree to the rescue package with a group of banks. |
| 12 Oct 2009 [] [HK Standard ]Taiwanese Lehman victims urge probe |
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| 08 Oct 2009 [] [SCMP] Investors eye judicial review over minibonds |
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| 06 Oct 2009 [] Notice to all holders of notes and certificates |
| issued by Lehman Brothers Treasury Co. B.V. (“LBT”) under the USD 100,000,000,000 Euro Medium Term Note Program USD 4,000,000,000 German Note Issuance Program Certificates Program Inflation Linked Notes Program |
| 01 Oct 2009 [] Minibond noteholders to get back some money |
Minibond noteholders to get back some money
By May Wong, Channel NewsAsia | Posted: 01 October 2009 1747 hrs |
| 26 Sep 2009 [] SFC prohibits Tong Dick Kwong from re-entering the industry for ten months |
| The Securities and Futures Commission (SFC) has prohibited Mr Tong Dick Kwong from re-entering the industry for ten months from 22 September 2009 to 21 July 2010 as a result of a disciplinary action taken against him following the Hong Kong Monetary Authority’s (HKMA) investigation into allegations against Tong. |
| 26 Sep 2009 [] SFC prohibits Aaron Ko Wai Lun from re-entering the industry for 10 years |
| The Securities and Futures Commission (SFC) has prohibited Mr Aaron Ko Wai Lun from re-entering the industry for 10 years from 24 September 2009 to 23 September 2019 as a result of a disciplinary action taken against him following the Hong Kong Monetary Authority’s (HKMA) investigation into allegations against Ko. |
| 26 Sep 2009 [] Regulator Consults Public On Selling Retail Sec. Products |
[Dow Jones Newswires] the heavy losses suffered by retail investors who bought Lehman-linked products highlighted concerns about the practices used to sell unlisted investment products to the public. |
| 15 Sep 2009 [] Sept.15, 2009 group of Standard Chartered Victims demonstrated at HKMA and SFC |
 Protestors staging a ritual at the Monetary Authority in IFC building in Central. Photo: Edna Tse |
| 15 Sep 2009 [] Hong Kong Lehman Brothers investors demonstrate on anniversary |
http://mpelembe.blogware.com/blog/_archives/2009/9/15/4322242.html REUTERS |
