1Malaysia Development Bhd (1MDB)

SINGAPORE (June 8): Singapore's central bank said on Wednesday that no bank in Singapore received the US$3 billion ($4 billion) wire transfer from Goldman Sachs which had arranged the bond issuance for Malaysian state fund 1Malaysia Development Berhad

BENGALURU (June 7): US law enforcement officials are attempting to identify whether Goldman Sachs Group Inc violated federal law after failing to flag a transaction in Malaysia, the Wall Street Journal reported, citing people it said were familiar with th

SINGAPORE (June 7): Corporate bond offerings by some of Singapore’s biggest companies are drawing such strong demand from investors that they are artificially lowering borrowing costs for weaker borrowers, according to S&P Global Ratings.

SINGAPORE (June 2): Singapore’s move to shut down scandal-plagued BSI Bank Ltd.’s operations in the country is reverberating through private banks facing surging costs to combat money laundering and protracted screening of new clients.

SINGAPORE (May 27): Former BSI banker Yeo Jiawei, already in remand for six weeks, was denied bail by Supreme Court Justice Chan Seng Onn in court earlier today, over-ruling Thursday’s decision by State Court’s Christopher Goh to grant him bail of $60

SINGAPORE (May 24): BSI Bank’s Switzerland-based parent company BSI SA has announced in a press release on Tuesday that its group CEO Stefano Coduri has tendered his resignation with immediate effect.

SINGAPORE (May 24): The Monetary Authority of Singapore (MAS) on Tuesday announced it is withdrawing BSI Bank’s status as a merchant bank in Singapore.

SINGAPORE (May 24): If you think media reports about the scandal-ridden 1Malaysia Development Bhd (1MDB) state fund have unnerved even the most daring of fund managers, think again. As many as 13 funds sold in Singapore hold US dollar-denominated bonds i

KUALA LUMPUR (May 23): DAP Parliamentary Opposition leader Lim Kit Siang has asked why the Auditor-General’s final report on Ministry of Finance Inc’s 1Malaysia Development Bhd (1MDB) has yet to be tabled in Parliament.