Sora Bank

[liroyb]

So stocks or⁣ bonds held under custody of a bankrupt bank are completely lost for the clients?

 

[Sols]

No, what I said doesn't include securities like‍ that. See for example Flow Bank (Bankruptcy proceedings against FlowBank) where many account⁠ holders have been able to get their securities out.

By "investment" I was more referring⁤ to investment products offered by the bank. Those funds are subject to different (if any)⁣ safety mechanisms than deposit insurance.