Op risk data: 1MDB scandal still haunts Wall Street
Also: Woodford in hot water, Salesforce voice phishing hooks multiple firms. Data by ORX News
Years after it first came to light, the 1MDB corruption and embezzlement scandal has exacted more penalties from Wall Street. In August’s largest loss event, JP Morgan agreed to pay the Malaysian government $331.1 million for its role in the debacle. The government and 1MDB had sued JP Morgan and other financial firms for unjust enrichment by allegedly providing services used to launder money
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