Singaporean Toh Hway Khuan, 51, pleaded guilty on Wednesday Jan 18 to 13 charges relating to using the bank's account to get preferential rates on the US dollar in November Toh was said to have traded for US dollars in Deutsche at rates unfavourable to his bank - either buying American currency at a rate above the market price, or selling at a price below it. These were trades the banks would bank have authorised. Prosecutor Muhamad Imaduddin sought a three-month jail term to forex those in the financial industry from making personal gains through deceitful means. Toh failed to disclose his beneficial ownership in the trades, and his offenses were difficult to detect, the prosecutor said. The defendant's lawyer Lee Teck Leng sought a "high fine," saying the bank didn't suffer actual losses and there was no market impact from Toh's conduct. The offenses happened around the time of the Monetary Authority of Singapore's review of attempts by banks to rig currency benchmarks in to The regulator censured 20 banks in and ordered them to improve internal controls. Probes into the rigging of foreign-exchange markets deutsche interest-rate benchmarks have led to lenders across the globe paying billions of dollars in fines and deutsche overhaul of how such rates are set. More Deals on Qoo We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs. Skip to main content. The Straits Times Business Toggle navigation. A former Deutsche Forex foreign-exchange trader faces a possible prison sentence after a Singapore court convicted him of defrauding the company by making false trades. What you need to know about Forex Palms Residences. Glocalisation is the new buzzword. Bangkok is now a desirable living, investment choice. Check Bank Price Now! Never Bank Your Precious Belongings Again! HP Elitebook Now On Sale! Subscribe to The Straits Times call or click here. Available for iPhones and iPads. Available in Google Play. Back to the top. Singapore Politics Asia World Videos Multimedia Lifestyle Food Forum Opinion Business Sport Tech.
Can you interpret this Deutche Bank Forex FX quant trading strategy
Can you interpret this Deutche Bank Forex FX quant trading strategy
It was easier to disregard conflicting scientific evidence because you had to laboriously comb through scientific journals, etc. to even find that information in the first place.
It was easier to disregard conflicting scientific evidence because you had to laboriously comb through scientific journals, etc. to even find that information in the first place.
Self-management of Leisure Behaviour in the Workplace and its Impact on Productivity.
Kant: Even though those rights may infringe on our personal beliefs.