Deutsche-MAS allegations may go back five years

monetary-authority-singapore

Kai Lew, a director of institutional FX sales at Deutsche Bank, has been put "on leave" following allegations of improper communication with the Monetary Authority of Singapore (MAS) that may date from as long as five years ago, CentralBanking.com has learned.

A Deutsche Bank spokesman today confirmed Lew has been placed on leave, as was first reported on March 31. A well-placed source confirmed the disciplinary action relates to allegations of improperly passing information to the Monetary Auth

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