MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against ...

Malaysia in in settlement talks with Swiss bank Julius Baer Group Ltd. over a US$112 million lawsuit filed by 1MDB’s former ...

KUALA LUMPUR: Malaysia said it has entered mediation talks with Julius Baer Group Ltd in a bid to settle a US$112 million ...

MDB collapsed in 2016, spawning multiple lawsuits against banks across Asia, Europe and the US. Read more at straitstimes.com. Read more at straitstimes.com.

Banking giant JPMorgan Chase has agreed to hand over $330 million to resolve allegations it enabled the theft of billions from Malaysia’s government investment fund in a historic financial fraud case.

Tim Leissner, the former Goldman Sachs banker who played a central role in the infamous 1MDB scandal, was sentenced Thursday to two years in prison for helping orchestrate one of the largest financial ...

NEW YORK (Reuters) -Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court on Thursday after playing a key role in a multi-billion dollar scandal ...

JPMorgan JPM0.25%increase; green up pointing triangle Chase will pay $330 million to settle claims that it facilitated transactions in the looting of a Malaysian sovereign-wealth fund, one of the ...

The bank has also been fined $3.7 million by the Swiss Office of the Attorney General. JPMorgan Chase will pay $330 million to settle claims that it facilitated transactions related to a ...