The ongoing probe into Malaysia’s scandal-hit sovereign wealth fund, 1MDB, continues to rattle Asia’s private banking industry. Earlier this week, another ex-banker was put behind bars, bringing the grand total of convicted private bankers to four. Asian Private Banker profiles the four former private bankers and charts their fall from grace. Name: Jens Fred Sturzenegger Former bank: Falcon Private Bank…
Rap Sheet: The four 1MDB-linked private bankers and their fall from grace [UPDATED]
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