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JPMorgan Chase, 1MDB

· 5h · on MSN

JPMorgan to Pay $330 Million Over 1MDB Transactions

JPMorgan Chase will pay $330 million to settle claims that it facilitated transactions in the looting of a Malaysian sovereign-wealth fund, one of the largest financial crimes of the century.Malaysia had sued the bank’s Swiss unit in Malaysian civil court four years ago,

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· 7h · on MSN

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims

JPMorgan to pay $330M to settle 1MDB claims

8d

Malaysia has recovered $9b in funds linked to 1MDB

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

JPMorgan agrees to pay Malaysia US$330 million to settle 1MDB issues

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

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