Singapore central bank imposes penalties on StanChart, Coutts in 1MDB-related probe

SINGAPORE (Reuters) - Singapore's central bank said on Friday it imposed penalties on the local units of Standard Chartered Bank and Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund.

from Reuters: Top News http://uk.reuters.com/article/uk-malaysia-scandal-singapore-idUKKBN13R03N?feedType=RSS&feedName=topNews