Legal
Falcon Private Bank ordered to pay CHF 1.8 million to Finma
Falcon Private Bank has been ordered to pay CHF 1.8 million to Finma following a decision by the Federal Administrative Court. Finma originally demanded CHF 2.5 million from the Zurich-based bank in the wake of its involvement in the Malaysian 1MDB scandal, claiming that Falcon had generated CHF 2.5 million…
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