A bullish time ahead for Asia

Wietske Blees
01 Sep 2010

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In July 2009, the Monetary Authority of Singapore (MAS) banned 10 financial institutions from selling structured notes, after an investigation into the sale and marketing of notes arranged by Lehman Brothers revealed shortfalls in the banks’ product approval, sales and marketing processes. Since then, three of the accused banks – DBS bank, Malayan Banking Berhad (Singapore branch) and Royal Bank of Scotland – have been allowed to re-enter the business in Singapore after taking measures to

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