05:14 AM EDT, 10/12/2026 (MT Newswires) -- Malaysian sovereign wealth fund 1Malaysia Development Berhad, or 1MDB, offered a proposal to settle its $1.1 billion lawsuit against German lender Deutsche Bank (DBK.F), Bloomberg News reported Monday. 1MDB lawyer Lim Chee Wee said at a separate hearing at the country's top court in Putrajaya that the High Court of Malaysia has been informed of the proposal. The case is scheduled for a hearing on Oct. 26. Deutsche Bank did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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