UPDATE 1-Falcon Private Bank signals wind down with client transfer talks
Falcon Private Bank signalled its
winding down on Monday, as the Swiss wealth manager involved in
Malaysia’s 1MDB scandal said it was in advanced talks to
transfer clients to another Swiss bank and exit private banking
activities.
winding down on Monday, as the Swiss wealth manager involved in
Malaysia’s 1MDB scandal said it was in advanced talks to
transfer clients to another Swiss bank and exit private banking
activities.
Posted by Reuters