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DBK Deutsche Bank AG

15.688
0.392 (2.56%)
06 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Deutsche Bank AG TG:DBK Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.392 2.56% 15.688 15.676 15.70 15.696 15.25 15.306 497,902 22:50:02

Deutsche Bank Documents Show Possible Money Laundering Control Flaws, Sources Say -Reuters

06/09/2019 8:26pm

Dow Jones News


Deutsche Bank (TG:DBK)
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--Deutsche Bank AG (DB, DBK.XE) documents and records given to U.S. Congressional investigators show possible failures of the German bank's money-laundering controls, Reuters reported Friday, citing three people familiar with the matter.

--The records show Deutsche Bank staff expressed concerns about Russian clients and transactions which managers ignored, the report said, citing two of the people.

--The House of Representatives Financial Services Committee declined to comment, the report said.

--A spokesman for Deutsche Bank said it couldn't comment on work of the congressional committee, but added the bank is committed to cooperating with investigators, the report said.

 

Full story: https://www.reuters.com/article/us-deutschebank-investigation-russia-exc/exclusive-u-s-congressional-probe-finds-possible-lapses-in-deutsche-bank-controls-sources-idUSKCN1VR0PX

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 06, 2019 15:11 ET (19:11 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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