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.

KUALA LUMPUR (Reuters) - Jailed former Malaysian Prime Minister Najib Razak won a major court battle on Wednesday that took him a step closer to being able to serve out a years-long jail term over the ...

British regulators fined Goldman Sachs International 96.6 million pounds ($126 million) on Thursday as part of global action ...

Settlement resolves all existing and potential claims related to 1MDB JPMorgan unit fined in Switzerland for anti-money laundering failures 1MDB scandal implicated high-level officials, banks, and ...

More than a decade since 1MDB exploded, the trial may yet reveal snippets about who knew what about Jho Low and his money.

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 ...

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 ...

A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due to his cooperation. Timothy Leissner, a key ...

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 ...