Saturday, June 15, 2013

Singapore censures banks for rate rigging





The Monetary Authority of Singapore censured banks for trying to rig benchmark interest rates and ordered them to set aside about S$12 billion (HK$74.4 billion) at zero interest pending measures to improve internal controls.









via Business feed http://www.scmp.com/business/banking-finance/article/1261137/singapore-censures-banks-rate-rigging

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