Singapore fines Credit Suisse, UOB for 1MDB-related offenses

Singapore's central bank Tuesday fined Credit Suisse and United Overseas Bank for breaching anti-money laundering rules in connection with Malaysian sovereign wealth fund 1Malaysia Development Berhad.

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Singapore to ban ex-Goldman Sachs banker who handled 1MDB bond business

Singapore authorities are banning the former director of Goldman Sachs in Singapore for ten years for his role in the 1MDB scandal.

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Ex-BSI bankers allegedly set up $2.3 billion deal with 1MDB

Prosecutors in the Singapore trial of a former BSI banker said this week the defendant and other former employees of the Swiss bank helped launder up to $2.3 billion looted from the Malaysia sovereign wealth fund 1MDB.

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Singapore charges two ex BSI bankers in 1MDB case

Authorities in Singapore Monday charged two ex-BSI SA bankers for their role in helping divert money from a Malaysia sovereign wealth fund.

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Singapore seizes $177 million linked to 1MDB, cites AML lapses at UBS, Stanchart, DBS and Falcon

Singapore said Thursday it has seized property and bank accounts linked to money allegedly diverted from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad.

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Two more Swiss banks penalized for helping U.S. tax cheats

The DOJ said Friday that two banks, Bank Linth LLB AG and Bank Sparhafen Zurich AG, reached deals to resolve criminal charges for helping U.S. taxpayers evade taxes.

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Swiss bank pays $211 million penalty under DOJ amnesty program

Lugano-based BSI SA on Monday became the first bank to use a DOJ amnesty program to resolve potential criminal offenses for helping U.S. taxpayers use secret accounts and offshore shell companies to evade taxes.

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