SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed S$27.45 million (US$21.55 million) in penalties on nine ...

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

Singapore’s central bank said today it has penalised several top global financial institutions, including Citibank and UBS, ...

Singapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and ...

Singapore imposed S$27.5 million ($21.5 million) in penalties on nine financial firms, including a few of the world’s biggest ...

Local banks have beefed up oversight around money laundering risks, with one lender reassigning a banker involved in a recent ...

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

UBS Group AG UBS agreed to pay $511 million to resolve a tax probe by the U.S. Department of Justice (“DOJ”) against Credit Suisse for preparing false income tax returns and tax evasion.

According to the plea agreement, Credit Suisse Services AG pleaded guilty to conspiring to aid in the preparation of false income tax returns and will pay $371.9 million (€328.8 million) as part ...

UBS said it will start the most complex part of its Credit Suisse integration in the coming months, as the banking giant deals with uncertainty amid global trade tensions and Swiss proposals to ...