Singapore fines two foreign banks for 1MDB-related breaches
Investigations continuing into Goldman Sachs’ role, the regulator says
Singapore's central bank has fined two more foreign-owned commercial banks for regulatory breaches linked to the Malaysian government-owned investment fund 1MDB. It also sought to ban a former senior executive with New York-based bank Goldman Sachs from working in Singapore's finance industry, noting that further investigations of the bank's role were continuing.
The Monetary Authority of
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