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US banks told to turn over 1MDB-linked data

JPMorgan Chase, Deutsche Bank, Wells Fargo join other entities working with US officials examining money flows

EMBATTLED STATE FUND: The authorities from around the world are trying to determine if some of the billions of dollars that 1MDB raised through the Goldman-underwritten bond sales were siphoned out of its coffers and into the personal accounts of politically connected individuals.

New York

JPMORGAN Chase, Deutsche Bank and Wells Fargo have been asked by US authorities to retain and turn over records that may be related to improper transfers from an embattled Malaysian state fund, according to people familiar with the matter.

The banks aren't targets of the

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