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COMMENTARY

MAS must take the lead and end private banking rebates

37486853.2 (39150816) - 21_07_2016 - pixgeneric.jpg
Picture this: a man walks up to you and tells you he'll mug you at gunpoint because he's in financial need. That would be awful, but disclosing his motive and planned course of action upfront makes it okay, right?

PICTURE this: a man walks up to you and tells you he'll mug you at gunpoint because he's in financial need. That would be awful, but disclosing his motive and planned course of action upfront makes it okay, right?

While the image may be a little strong, that's the question the Monetary