Don't leave home without a moral compass

THE central bank's move to shut down BSI Singapore drew various reactions from the banking fraternity - including some which surprisingly voiced sympathy for the bankers implicated.

In its announcement on Tuesday, the Monetary Authority of Singapore (MAS) said that it had referred six past and present senior BSI managers to the public prosecutor to check if they had committed criminal acts.

What stood out were the expressions of sympathy for some of the gang of six, even though MAS had described the infractions as being the worst case of gross misconduct in the history of Singapore's financial centre.