1MDB-tainted Falcon bank taps new market in Switzerland's 'Crypto Valley'


Falcon is starting to move past troubled times. Its Singapore unit was closed by regulators for failing to adequately flag US$1.27 billion in suspicious deposits linked to Malaysia's 1MDB scandal.

ZURICH (WASHINGTON POST): Walk into Falcon Private Bank on the Pelikanstrasse in central Zurich and you are immediately struck by the giant photo of a woman crouched in the sprinter's starting position, painted head-to-toe in gold.

The image - a throwback to the Bond movie Goldfinger a half-century ago - casts the Abu Dhabi-backed firm as the agile adviser that you need to get off to a flying start to riches.

 Click here: 1MDB-tainted Falcon bank taps new market in Switzerland's 'Crypto Valley'

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Falcon , embezzlement scandal

   

Next In Business News

Ringgit closes slightly lower against US dollar
Inta Bina bags RM170mil construction job
PETRONAS Gas commits to sustainability, announces total dividend of 72 sen per share
Crest Builder bags RM486mil condo job
Axis-REIT optimistic of maintaining its current performance for FY24
KIP REIT aims for RM2bil AUM
ATX Semiconductor to boost investment in Melaka to RM952mil
Haily gets RM109.5mil residential construction job
Malaysia’s vehicle sales dip 10% year-on-year in March
FBM KLCI ends at near 2-year high

Others Also Read