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 ...

Capital market services firms and a trust company also faced hefty penalties for their inadequate anti-money laundering ...

The automaker is making a strong push to reclaim its declining market share. With competitors like Tata Motors and M&M ...

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 ...

Carmakers may begin reducing production volumes now in order not to be stuck with excess inventory after September, so buyers only have weeks left to purchase their favorite model on the cheap.

LONDON/GENEVA — UBS declined a request by the Gaza Humanitarian Foundation to open a bank account in Switzerland, while ...

The foundation started talks with lawyers and banks including UBS and Goldman last autumn about the Swiss entity’s structure, ...

Hamburg will significantly expand its cultural footprint in 2026 with the opening of the UBS Digital Art Museum, a purpose-built 7,000sqm venue in the HafenCity district that will be dedicated ...

Singapore imposed S$27.5 million ($21.5 million) in penalties on nine financial firms, including a few of the world’s biggest banks, for lapses related to the city’s largest money laundering case.

The dollar fell against a basket of currencies. UBS said targeted tariffs on individual countries tend to strengthen the dollar.

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