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Retired Stockbroker Takes Credit Suisse to Court for $26 Million Loss
Credit Suisse is being sued by Mr Koh Kim Teck, aged 63 and retired stockbroker, for breaching its duties to manage his private wealth account with care.
” Credit Sussie Sued by Retired Stockbroker for $26 Million Losses in 2008 “
During the 2008 financial crisis, he had incurred $26 million of investment losses. Credit Sussie applied to dismiss the lawsuit, but had been rejected.
Source: Business Times, Straits Times
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Caproasia.com | The leading financial website for investment managers, professional investors, UHNW & HNW investors and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia is a financial information technology co. founded in 2014. We have 4 businesses in Media, Information, Services and Technology. We created 3 solutions: Membership, Events & Platforms to drive investment decisions in Asia through information, services, technology & people, that impact economies, societies & people. Our Mission: Driving the future of Asia For 2022 Investment Day: mail@caproasia.com For Family Office, Professional Investor, HNW Investor Events: mail@caproasia.com For Membership, Events, Networking, Roundtable, Summits: mail@caproasia.com For Investment Relations Network: mail@caproasia.com For Platforms, Media Kit, Advertising, Campaigns, Partnerships: angel@caproasia.com For press release: press@caproasia.com For all other enquiries: mail@caproasia.com
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Caproasia.com | The leading financial website for investment managers, professional investors, UHNW & HNW investors and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia is a financial information technology co. founded in 2014. We have 4 businesses in Media, Information, Services and Technology. We created 3 solutions: Membership, Events & Platforms to drive investment decisions in Asia through information, services, technology & people, that impact economies, societies & people. Our Mission: Driving the future of Asia For 2022 Investment Day: mail@caproasia.com For Family Office, Professional Investor, HNW Investor Events: mail@caproasia.com For Membership, Events, Networking, Roundtable, Summits: mail@caproasia.com For Investment Relations Network: mail@caproasia.com For Platforms, Media Kit, Advertising, Campaigns, Partnerships: angel@caproasia.com For press release: press@caproasia.com For all other enquiries: mail@caproasia.com
