Falcon Private Bank

1MDB Watch

Misfired Goldman trade in 2016 involved firm tainted by 1MDB

(Dec 5): An obscure Swiss bank implicated in Malaysia’s 1MDB corruption scandal was involved in another trade with Goldman Sachs Group Inc in 2016 that exposed the Wall Street firm to unexpected lo

1MDB Watch

Swiss say 1MDB probe targeting six people, two banks

(July 10): Swiss prosecutors are now investigating six people for alleged involvement in Malaysia’s multi-billion dollar 1MDB scandal, days after former Malaysian Prime Minister Najib Razak was cha

MAS forecasts 1-3% GDP growth for rest of the year; warns of geopolitical risks

SINGAPORE (June 29): Singapore’s economy is expected to continue growing at 1-3% for the remainder of the year.

1MDB Watch

Ex-Falcon Bank manager sentenced to 28 weeks’ jail, fined $128,000: Update

SINGAPORE (Jan 11): Jens Fred Sturzenegger, the former branch manager of Falcon Private Bank in Singapore, was sentenced to 28 weeks’ jail and fined $128,000 for offences related to the illegal mov

Jens Fred Sturzenegger

1MDB Watch

Former Falcon Bank branch manager Jens Sturzenegger jailed, fined for 1MDB-linked offences

SINGAPORE (Jan 11): Jens Fred Sturzenegger, former branch manager of Falcon Private Bank’s Singapore office, has been sentenced to 28 weeks’ jail and fined $128,000 for offences related to the on-g

1MDB Watch

Jens Sturzenegger, Falcon Bank’s former branch manager, is 5th person charged; plans to plead guilty

SINGAPORE (Jan 5): Jens Fred Sturzenegger, who was the Singapore branch manager of Falcon Private Bank, was charged in court on Thursday morning.

1MDB Watch

Ex-BSI banker Yeo Jiawei found guilty; to be sentenced on Dec 22

SINGAPORE (Dec 21): Former BSI bank wealth planner Yeo Jiawei has been found guilty of hindering investigations into 1MDB-related fund flows by tampering with witnesses.

Watchdog says about 15 Swiss banks in money laundering 'red zone': SonntagsZeitung

(Oct 16): Roughly 15 Swiss banks are in a "red zone" of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog FINMA said in a newspaper interview published on S

1MDB Watch

Falcon Bank faces Swiss criminal probe in 1MDB case

ZURICH (Oct 12): Swiss federal prosecutors have opened criminal proceedings against Zurich-based Falcon Private Bank for allegedly failing to prevent suspected money laundering linked to 1MDB, the

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