09-03-2016 14:58 via news.yahoo.com

Falcon Private Bank says no business impact from Malaysia probe

By Tom Arnold DUBAI, March 9 (Reuters) - Falcon Private Bank has not seen an impact on its business following publicity about an investigation into the activities of a Malaysian sovereign wealth fund, the Swiss bank's chief executive said. The Wall Street Journal reported last year that investigators had traced nearly $700 million from an account at Falcon Private Bank in Singapore to accounts in Malaysia they believed belonged to Malaysia's Prime Minister Najib Razak. Falcon, owned by Abu Dhabi
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