Between August and September 2011, a customer at DBS Bank was acquiring Australian dollars through the bank's structured products (known as accumulators).

In September 2011, the falling Australian dollar caused her to suffer massive losses from the accumulators. As a result, the balance of her accounts with DBS Bank fell from US$6.2 million to about US$410,000 (a loss of US$3.8 million).

Read the following news article, Businesswoman loses DBS investment lawsuit (Links to an external site.) https://www.straitstimes.com/singapore/courts-crime/businesswoman-loses-dbs-investment-lawsuit (Please copy-paste the link and read the article)

and respond to the following question.

"If the plaintiff in the news article decides to appeal to the Court of Appeal in Singapore, she is likely to succeed in her legal action against the bank for negligent advice."

Do you agree with the above statement? Why?

Focus your discussion on legal principles relating to the duty of care and the standard of care, and support it with reasons and reasonable assumptions. Please cite cases, but there is no need to provide the facts of the cases in this.