SOME Standard Chartered Bank customers have accused the bank of exposing them to a high-risk offshore bond investment which has caused them losses after failure to mature. But the bank says the “third party high-yield bond” is currently undergoing a debt restructuring process and there has been active engagement by the client with the relevant bond issuer. The bank confirmed that the matter has been reported to the Securities Exchange Commission, but said it cannot comment further on the complaints by the clients because it adheres to a “strict policy of confidentiality”. Some customers who sought anonymity claimed that the bank knowingly marketed a poorly performing offshore bond to them, assuring that it had the backing of the Chinese government,...