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After Goldman, Malaysia's 1MDB Pursues JPMorgan and Deutsche - Vimarsana News

After Goldman, Malaysia's 1MDB Pursues JPMorgan and Deutsche

After Goldman, Malaysia’s 1MDB Pursues JPMorgan and Deutsche Bloomberg 1 day ago © Photographer: Bloomberg/Bloomberg 1Malaysia Development BHD (1MDB) President Arul Kanda Interview (Bloomberg) -- After successfully recouping more than $3 billion from firms including Goldman Sachs Group Inc., Malaysia’s 1MDB is casting a wider net. The state-owned investment fund is suing companies including JPMorgan Chase & Co. and Deutsche Bank AG in an effort to recover assets worth more than $23 billion the country says are linked to the fund. 1MDB and a former unit filed a combined 22 civil suits...

Source: msn.com
JPMorgan, Deutsche Bank among firms sued by 1MDB over $23-bn loss - Vimarsana News

JPMorgan, Deutsche Bank among firms sued by 1MDB over $23-bn loss

Malaysia’s 1MDB and a former unit have filed suits against firms including JPMorgan Chase & Co. and Deutsche Bank AG as the nation seeks to recover assets worth more than $23 billion linked to the scandal-plagued state-owned investment fund. 1MDB, whose full name is 1Malaysia Development Bhd., and SRC International Sdn. filed a combined 22 civil suits against a slew of entities and individuals for various alleged wrongdoings including fraud and conspiracy to defraud the fund, the Finance Ministry said on Monday. Among those named were JPMorgan and Deutsche Bank, according to a person fami...

After Goldman, Malaysian Fund 1MDB Pursues JPMorgan and Deutsche - Vimarsana News

After Goldman, Malaysian Fund 1MDB Pursues JPMorgan and Deutsche

After Goldman, Malaysia’s 1MDB Pursues JPMorgan and Deutsche Bloomberg 5 days ago © Photographer: Bloomberg/Bloomberg 1Malaysia Development BHD (1MDB) President Arul Kanda Interview (Bloomberg) -- After successfully recouping more than $3 billion from firms including Goldman Sachs Group Inc., Malaysia’s 1MDB is casting a wider net. The state-owned investment fund is suing companies including JPMorgan Chase & Co. and Deutsche Bank AG in an effort to recover assets worth more than $23 billion the country says are linked to the fund. 1MDB and a former unit filed a combined 22 civil suit...

Source: msn.com