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Courts dismiss Singapore tycoon’s lawsuit against Goldman Sachs

Goldman Sachs has successfully put a stop to a lawsuit filed by Singapore tycoon, Oei Hong Leong who claims the American lender’s Singapore-based private wealth management unit misled him into trading real-yen options. The Singapore High Court has dismissed the case in favour of arbitration and Goldman Sachs will either look to mirror the move in New York, where Oei…

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