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


  • 1MDB
  • Monday, 23 Jul 2018

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.

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'

 

1MDB , Cryptocurrency , Corporate News , Banking

   

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