KUALA LUMPUR, Nov. 13 -- JPMorgan and Coutts & Co have been removed from 1Malaysia Development Bhd's (1MDB) US$1.1 billion civil suit after the state fund dropped its appeals against the two Swiss banks.

The High Court had earlier ruled that the claims should have been filed in Switzerland rather than Malaysia.

According to The Edge Malaysia, Thursday's Court of Appeal hearing was cancelled following the decision, meaning the lawsuit filed in May 2021 will now proceed only against Deutsche Bank, PetroSaudi International Ltd, PetroSaudi Holdings (Cayman) Ltd, PetroSaudi founder Tarek Obaid, and his associate Patrick Mahony.

On Wednesday, Judge Raja Ahmad Mohzannuddin granted 1MDB's application to amend its statement of claim in light of...