Deutsche Bank Found Inappropriate Communication Between Staffer And MAS

A top Deutsche Bank AG saleswoman was placed on leave after the Deutsche Bank found what it regarded as inappropriate communication between her and Monetary Authority of Singapore (MAS).

Kai Lew, a director of sales at Deutsche Bank is tasked with handling central-bank clients, was put on leave because the bank concluded that she had communicated improperly with the MAS.

When WSJ approached MAS for comments initially, MAS said it "does not comment on its dealings with individual financial institutions".

MAS said that it has been in touch with financial institutions which including Deutsche Bank and are investigating on the forex markets, and that it is looking into all allegations of inappropriate behaviour.



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