[limpeh394]

Is there even one case of people who.lost money depositing in a regulated bank in last 80yrs in a developed country?

I can't find a single case.

Closest is during financial crisis Icelandic banks cross over to UK to offer depositors 8% interest then collapse.

Even that was finally resolved and people got paid back.

If you put in bank regulated by MAS if something happens, will the MAS not compensate? it will just destroy Singapore reputation  as a financial center.

There are so many things in life to worry about. This type.of thing is so low probability it looks like a complete waste of time to try to mitigate the risk

yeah but upfront MAS oredi warn u they MAX insured is $75K per account per bank, if u still put $1million in a say China china and it goes bust, MAS would still only pay u $75K MAX