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Falcon Private Bank CEO departs as wind-up continues

News Team, 01/09/2020

The chief executive of Falcon Private Bank has resigned, as the scandal-hit bank’s wind down continues.

Falcon Private Bank announced in May that it would cease trading in 2021, after it became embroiled in the 1MDB money laundering scandal.

It said in a statement yesterday (31 August) that its chief executive of three years, Martin Keller (pictured above), would step down effective today. He is succeeded by chief financial officer Matteo Maccio.

The bank said in a statement that Mr ...


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