Dispute settles over Swiss bank linked to 1MDB scandal
Generali sold Banca della Svizzera Italiana to BTG Pactual in 2015 (Credit: commons.wikimedia.org)
Italy’s largest insurer Assicurazioni Generali has settled an arbitration over the US$1.6 billion sale of a Swiss private bank that was implicated in Malaysia’s 1MDB embezzlement scandal.
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