US EditionRaid at Germany's Deutsche Bank over Money-Laundering Probe
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4 Articles
Just one day before the announcement of a great business year, the celebration at Deutsche Bank was marred by a raid in its headquarters. It is allegedly about the "money laundering" of Russian tycoon Roman Abramovich.
At the annual press conference of the largest German money house, bank manager Christian Sewing wanted to talk about record profits – instead of a raid the previous day. But there are also questions about the role of the bank in the geopolitical power play with the USA.
Raid at Germany's Deutsche Bank over money-laundering probe
German authorities have launched a raid at Deutsche Bank premises in Frankfurt and Berlin over suspicions of money laundering, reported dpa. The Frankfurt Public Prosecutor's Office said unnamed managers and employees are being targeted in Wednesday's raid, which comes one day before the country's largest bank presents its annual results for 2025. The investigation is being conducted by the office's special unit for economic crime in cooperation…
Searches are under way at Deutsche Bank's premises in Frankfurt and Berlin for suspicions of money laundering, said the prosecutor's office in a message to the AFP on Wednesday.
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