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EDITORIAL

Private banks must disclose all 'conflicted remuneration'

Tuesday, August 30, 2016 - 05:50

THE recent wave of defaults in high-risk unrated bonds in Singapore has raised fresh scrutiny on how the bonds were sold.Based on analyses by Bloomberg, bond issuers have taken to offering rebates of up to one per cent to private banks to sell their bonds, a form of remuneration that was

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