Deutsche may not face German penalty over Russian trades - sources

Deutsche may not face German penalty over Russian trades - sources
 

Germany's financial watchdog has found no evidence to date that Deutsche Bank (DBKGn.DE) violated money laundering rules in Russia, people close to matter said on Thursday, possibly relieving one headache for the country's biggest bank.
The Russian case is just one of many regulatory investigations that have combined to push Deutsche Bank into the most damaging crisis in the 146-year old bank's recent history.
Last month, a U.S. Department of Justice (DOJ) demand for up to $14 billion to settle claims that Deutsche Bank mis-sold U.S. mortgage-backed securities before the financial crisis... read more

 
6 October 2016 in Business, Views: 41
Source: Reuters
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