Incorrect advice to investors and the liability of banks

Banks often find that investors complain about the advice they are given, when their investments don't work out as planned. In a number of cases, investors make the claim that banks had given them incorrect advice. The article discusses the liability of banks in this regard, considering such mi...

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Bibliographic Details
Published in:	Tydskrif vir hedendaagse Romeins-Hollandse Reg Vol. 74; no. 1; pp. 1 - 11
Main Author:	Koziol, H
Format:	Journal Article
Language:	English
Published:	01-02-2011
Subjects:	Austria Banks Civil law Civil proceedings Comparative law Financial information Germany Investment decision Investors Liability South Africa
Online Access:	Get full text
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Summary:	Banks often find that investors complain about the advice they are given, when their investments don't work out as planned. In a number of cases, investors make the claim that banks had given them incorrect advice. The article discusses the liability of banks in this regard, considering such mitigating factors as normal fluctuations in market prices. A comparison of cases in South African law is made with those in the German and Austrian systems [IBSSWG].
Bibliography:	ObjectType-Article-2 SourceType-Scholarly Journals-1 content type line 23 ObjectType-Feature-1
ISSN:	1682-4490