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Big tech hearings, Qualcomm-Huawei deal, 1MDB scandal

FT News Briefing

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Controversial Settlement and Negotiations in a Financial Scandal

This chapter explores the contentious settlement between a major bank and the Malaysian government over a financial scandal involving misappropriated funds. It examines the intricate fee structure, the negotiation process leading to a reduced settlement, and the potential impacts on the bank's reputation and future.

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