Here's your summary from Singapore Banks Probe Wealthy Clients After Money-Laundering Case (https://www.youtube.com/watch?v=zOt5lG44a5c) on the Bloomberg Television channel:
### TLDR:
Singapore banks are investigating wealthy clients after a $3 billion money laundering case, tightening checks and training staff to prevent future incidents.
### Key Points:
1. Singapore banks, including Citi and DBS Group, are tightening checks and training staff to prevent money laundering.
2. Singapore's regulator is conducting on-site inspections and interviews to identify weaknesses in compliance checks.
3. Ten men have pleaded guilty in the criminal case, with one receiving a 16-month jail sentence, while 17 others remain under investigation.
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