Singaporean private banking: The moral maze of privacy

This happens to all private banking centres at some stage: if you guarantee privacy to your customers, it’s fair to assume that some unsavoury characters are going to try to take advantage of that privacy. Switzerland has faced questions about the fine line between client confidentiality and ethical probity since World War II at least. And now the clashes between Burma’s ruling junta and protesters have put Singapore in the spotlight for the same reason.