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Weekly Roundup: Goldman Sachs in 1MDB Talks, Former Credit Suisse Banker Admits Taking Bribes, and More

Malaysia’s attorney general said officials are negotiating a settlement with Goldman Sachs over the investment bank’s alleged role in facilitating the embezzlement of billions of dollars from state fund 1MDB, The Wall Street Journal reported. More A former banker with Credit Suisse admitted in U.S. court to receiving $45 million in bribes to extend $2 billion-worth of fraudulent loans to a politically-connected government contractor in Mozambique, Bloomberg reported. More An Italian judge approved a settlement whereby Swiss bank UBS agreed to pay some 10 million euros to settle criminal money-laundering charges stemming from its alleged facilitation of cross-border tax evasion,...

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