Deutsche Bank raided in money laundering probe
Deutsche Bank’s offices in Frankfurt and Berlin were raided by German authorities as part of an investigation into possible money laundering involving the bank’s business relationships with certain foreign companies. The Office of the Federal Prosecutor said the probe targets “unknown individuals and employees” and focuses on potential violations of anti-money laundering reporting obligations. Deutsche Bank confirmed the searches but provided no further details on … Continue reading Deutsche Bank raided in money laundering probe
