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Trading for almost 150 years in Switzerland, BSI was brought down by the recklessness of its overseas operations. Karl Mathis/EPA

How a Swiss bank was toppled by a financial scandal in Malaysia – and what can be learned from it

The world's largest financial scandal has toppled a government, threatened a currency, and revealed deeply problematic failings at a buccaneering Swiss bank.
Despite the show of people power in Malaysia’s streets, the greatest threat to Prime Minister Najib Razak’s leadership is probably from within his own party. Reuters/Athit Perawongmetha

People power challenges Malaysia’s PM, but change from within most likely

The demonstrations against Malaysian Prime Minister Najib Razak are a potent manifestation of the scale of disillusionment with the government.
Prime Minister Najib Razak is at the centre of a scandal over investigations into the origins of US$700 million transferred into his bank account. Reuters/Olivia Harris

Malaysia in turmoil as PM focuses on survival

Najib Razak's response to corruption allegations has been a crackdown on investigators and his critics on both sides of politics. Malaysians are left wondering where their nation is headed.

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