Today news
About the same in other media
Singapore imposes civil penalty on Credit Suisse for managers' misconduct
Reading now: 176
SINGAPORE (Reuters) — The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$3.9 million on Credit Suisse AG for the bank's failure to prevent or detect misconduct by its relationship managers, the regulator said on Thursday.
Relationship managers in the bank's Singapore branch had provided clients with «inaccurate or incomplete post-trade disclosures, resulting in clients being charged spreads which were above bilaterally agreed rates for 39 over-the-counter (OTC) bond transactions», the MAS said in a statement.
Read more on investing.comAbout this in other media
PineBridge Investments names intermediary distribution boss for EMEA and APAC investmentweek.co.uk /10 months ago
Major UPI apps enabled to receive direct remittances from Singapore; details here livemint.com /10 months ago
UPI-PayNow Linkage: Major UPI apps enabled to receive remittances from Singapore; who can use economictimes.indiatimes.com /10 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
