SINGAPORE ― Singapore’s central bank has imposed penalties on nine financial institutions, including Citibank, Julius Baer and UBS, on Friday totaling SG$27.45 million ($21.5 million) in relation to ...

This is the biggest regulatory action taken by MAS since it shut down Swiss bank BSI SA’s local unit in 2016 and penalized ...

The scandal exposed had critical weaknesses in preventing financial crimes. Read more at straitstimes.com. Read more at ...

SINGAPORE--Singapore's central bank has imposed more than US$20 million in penalties on nine financial institutions, including major international banks, for what it said were breaches of ...

The banks involved - Credit Suisse, UOB, UBS , Citibank, Julius Baer, and LGT Bank - were each penalised between S$1mln and S$5.8mln ...

SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed S$27.45 million (US$21.55 million) in penalties on nine financial institutions for breaches related to the 2023 money laundering case ...

SINGAPORE] Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money ...

SINGAPORE -- Singapore's financial regulator on Friday slapped penalties totaling 27.45 million Singapore dollars ($21.5 million) on major banks for shortcomings in preventing a SG$3 billion money ...

Credit Suisse U.S. stock CS fell about 13.9% to $2.16 per share in trading Wednesday, while its shares in Europe CH:CSGN dipped below the 2 franc level, after the bank’s top shareholder, Saudi ...

LONDON, July 2, 2025 /PRNewswire/ -- Premialab, has today announced the appointment of Mr. Bogdan Levchenko, CFA as Senior Product Specialist as part of the expansion of its EMEA team. Mr. Levchenko ...

The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws ...

Switzerland continues to benefit from strong fundamentals, highly credible institutions, and a skilled labor force, positioning it among the world’s most competitive, resilient, and innovative ...