In a move aimed at curbing financial malpractices, Credit Suisse has been hit with a $3 million penalty by the Monetary Authority of Singapore (MAS). The bank’s relationship managers were found to be negligent in preventing or detecting misconduct within the institution. What Happened: Credit Suisse was found guilty of failing to provide its clients in Singapore with full and accurate post-trade disclosures. This failure resulted in overcharging clients for 39 over-the-counter bond transactions, reported Bloomberg. Investigations by MAS found that Credit Suisse lacked adequate controls, such a…