Mubadala’s talks to sell Swiss arm hit snag due to 1MDB links

A construction worker walks past a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia February 3, 2016. REUTERS/Olivia Harris/File Photo

Abu Dhabi state investor Mubadala is struggling to sell its Swiss private bank, five sources told Reuters, as potential buyers are unwilling to pay up for a firm which is being investigated over alleged financial misconduct.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.