1MDB in Settlement Talks With Deutsche Bank
Malaysia state fund 1MDB is reportedly in talks to settle a legal dispute with Deutsche Bank. The fund previously sued multiple financial institutions to recover billions tied to a massive corruption scandal.
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Malaysia's state fund 1MDB is in talks to settle a legal dispute with Deutsche Bank AG as the nation pursues billions of dollars in lost funds. The discussions emerge amid a broader recovery effort stemming from a corruption scandal tied to the state fund. The resolution could conclude years of litigation seeking to recover assets linked to international financial misconduct.
