Lehman minibond investors get their money back
Repurchase initiatives taken by Sun Hung Kai Investment Services and KGI Asia have been completed.
Sun Hung Kai Investment Services and KGI Asia have completed their voluntary Lehman Brothers minibond repurchase initiatives. There are several other pending unresolved cases involving the minibond fiasco.
Thousands of Hong Kong investors held Lehman Brothers minibonds, or credit-linked notes, following the investment bank's collapse. Angry investors flooded the Securities & Futures Commission (SFC) and the Hong Kong Monetary Authority with complaints and marched in the streets l…
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