Former DBS staffer gets Hong Kong life ban

Hong Kong’s securities regulator has banned a former executive of Singaporean bank DBS from re-entering the financial services industry for life. Ivy Kiu Koon Yee, a relationship manager at DBS’s Hong Kong branch, stole over HK$26 million ($3.4 million) from the foreign currency and Hong Kong dollar deposits in four of her customers’ accounts between 2004 and 2009, found the Court of First Instance. Kiu transferred the money, without authorisation, to her mother’s and her own ba…