JPMorgan Chase will pay the Malaysian government $330 million as part of a settlement to resolve all matters related to its ...

The settlement resolves Malaysia’s civil lawsuit, while Swiss prosecutors found the bank negligent in preventing aggravated ...

A Malaysia-based sovereign wealth fund, 1MDB was established by the Malaysian government to drive strategic initiatives for the country’s long-term economic development. Headquartered in Kuala Lumpur, ...

The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian ...

The bulk has been channelled to finance debt repayments and fulfil the the state investment fund’s commitments. Read more at ...

Najib Razak served as the Prime Minister of Malaysia from 2009 to 2018. Now insolvent, 1MDB was a state-owned company co-founded by Najib in 2009 purported to promote development.

The latest international 1malaysia Development Berhad news and views from Reuters - one of the world's largest news agencies ...

Malaysia on Friday said it had received the first payment of 1.8 billion ringgit ($432.38 million) from banking group AMMB Holdings Berhad (AmBank), as part of a settlement deal related to multi ...

JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the ...

Switzerland’s attorney general also fined JPMorgan Suisse 3 million Swiss francs over its role in the 1MDB case ...

JPMorgan Chase will pay the Malaysian government US$330 million as part of a settlement to resolve all matters related to its ...