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Singapore Fines Credit Suisse and Local Bank in 1MDB Inquiry
SINGAPORE -- Singapore's financial regulator imposed fines on two large banks including Credit Suisse AG as it concluded a two-year investigation into widespread antimoney-laundering failures throughout its financial system related to alleged misappropriations from Malaysian state fund 1MDB.
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Singapore Fines Credit Suisse and Local Bank in 1MDB Inquiry
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