The Monetary Authority of Singapore fined JPMorgan $1.8 million for misconduct by its relationship
managers. The bank’s employees were found to have breached regulations by engaging in improper
practices, including falsifying records, failing to disclose material information, and violating conduct
guidelines. The fine reflects the severity of the breaches.
Singapore central bank fines JPMorgan $1.8 million over misconduct by relationship managers
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