The Straits Times' News In A Minute: May 24, 2016

Monetary Authority of Singapore to shut down BSI Bank in Singapore; HDB launches 8,940 flats in mature and non-mature estates; two men now charged with murder.

In The Straits Times' News In A Minute today, we look at:

* The Monetary Authority of Singapore has served Swiss bank BSI a notice of intention to withdraw its status as a merchant bank in Singapore.

* The Housing Board launched almost 9,000 new flats sale today, including some in sought-after mature estates such as Ang Mo Kio and Bedok.

* Two men, both aged 22, who were originally charged with causing grievous hurt to a 34-year-old man outside Orchard Towers, are now facing murder charges after the victim died in hospital.