Singapore Banks Tighten Due Diligence Procedures After Money Laundering Scandal: Longer Wait Times and Account Closures archyde.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archyde.com Daily Mail and Mail on Sunday newspapers.
Banks in Singapore are closing accounts, demanding more verification, and increasing the amount of time it takes to become a customer as they tighten…
(Bloomberg) Chinese banks kept a key interest rate that guides mortgages on hold, a surprise move that sowed confusion over the country’s approach to stemming the nation’s property slump. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundThe five-year loan prime rate was unexp