Falcon Private Bank

Founded in 1965 in Zurich as Ueberseebank, the company was later known as AIG Private Bank before being sold to Aabar Investments PJS of Abu Dhabi in 2009 and renamed Falcon Private Bank. It specialized in private banking and wealth management services for a global clientele of high-net-worth individuals and families. The bank's operations ceased and it was integrated into ONE swiss bank SA after its license was effectively withdrawn by the Swiss regulator FINMA in 2016 for severe breaches of anti-money laundering regulations linked to the Malaysian 1MDB state fund scandal. The wind-down process was completed in the following years.