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Old 09-04-2015, 11:06 PM   #3698
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Join Date: Jan 2009
Posts: 84,091
No. No no no no no. That article is 100% wrong. It's so wrong the authors ended up being ordered to pull it down.

The shares are held in a ringfenced subsidiary, so Stanchart can't touch them. If Stanchart went down, which is not going to happen anyway, then the subsidiary would hand the shares over to you. Shares in Stanchart are as safe as cash in Stanchart - maybe even safer.
Standchart can touch, but it's very inethical and a massive fraud
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