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Falcon Private Bank’s incumbent CEO, Eduardo Leemann, is stepping down as CEO to become a senior advisor amidst an ongoing probe into the bank’s involvement with Malaysia sovereign fund, 1MDB. Walter Berchtold, an “independent financial industry expert”, has been named as Falcon Private Bank’s new CEO, effective 1 October 2016. Berchtold has over 30 years of experience including the role of head…
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