JPM is set to pay $330M to settle a Malaysian lawsuit over 1MDB-linked money laundering claims, without admitting liability.

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 ...

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

Fugitive businessman Low Taek Jho, or Jho Low, had his own agenda in leveraging SRC International Sdn Bhd or 1Malaysia ...

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

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

Jailed former Malaysian Prime Minister Najib Razak won a major court battle on Wednesday that took him a step closer to being ...

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 $330 million to settle matters related to its role in the ...