'Safer' bank products in fashion
Plain-vanilla products - from endowments to monthly savings plans - are back in favour. -ST
Sat, Jan 10, 2009
The Straits Times
THE mood is now for dollars - and sense.
Many banks, which once actively sold complex structured products, now woo customers with products that are less risky and easier to grasp though the returns may be lower.
It is back to basics for investors who are choosing safety having seen assets mauled by the global financial crisis.
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