Tuesday, May 24, 2016

BSI - In serious trouble



The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited notice of intention to withdraw its merchant bank licence.

Click 'BSI' for more detail.

At the same time, Swiss financial regulators approved the dissolution of Lugano-based BSI Bank.

Click 'Swiss Financial Regulators' for the reports.

The storm is coming

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