22.07.2016 - Were You at the 1MDB Party?
The thing with the kind of investigation currently engulfing Malaysia's sovereign investment fund 1MDB is that it's hard to assess where the risk for investors ends. Unless you know exactly who was involved and to what extent, you might have to add a premium or a discount for companies with potential dotted lines to the eye of the storm. The Monetary Authority of Singapore said Thursday it had found "instances of control failings" in the local units of UBS and Standard Chartered, as well as at the country's biggest bank, DBS Group Holdings...............................................Full Article: Source
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