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Tag: Credit Swiss

Singapore fines Credit Suisse almost 2.7 million euros

Singapore's financial regulator this Thursday imposed a fine of S$3.9 million (€2.67 million) on Credit Suisse for failing to "prevent or detect" unfair practices by city managers. The Monetary Authority of Singapore (MAS) accused managers at the Swiss bank's branch in the country of providing customers with "inaccurate or incomplete information" resulting in "spreads"...