Insurer hit by Chase Bank debt

One of the Chase Bank branches after it was placed under receivership (courtesy)

Effects of Chase Bank's placement under receivership continue to be felt in the market as firms come to terms with the loss of their money.

While most companies that bought the lender’s lucrative corporate bond; that was sold for 13.1 per cent have chosen to lie low, disclosures are now revealing those who gave the bank money.