Germany’s largest money house denies misconduct in cooperation with a Danish Bank, and the Laundry in a money scandal is involved. US authorities, however, are on the case.
The Deutsche Bank must in connection with the money laundering scandal at the Danske Bank’s persistent questions please. We are faced with “requests from regulatory and law enforcement authorities around the world,” said the largest of the German Institute in Frankfurt on Wednesday. To which authorities it is specifically stated by the Bank.
An Agency report, according to which the US Central Bank, an official investigation into the case has commenced, dismissed the money house. There were no investigations. To cooperate with the authorities and inform this.
The democratic Senator Elizabeth Warren, the would like to be nominated as a candidate in the next US presidential election battle, also called as your party colleague, Chris van Hollen the Senate to investigate whether the Bank of money laundering is guilty.
Has pressed Deutsche Bank both eyes?
Bloomberg had previously reported that the Fed is examining formally whether the German Bank of suspicious transactions, which they made in behalf of the in the center of the scandal, the Estonian Danske branch, has sufficiently monitored.
Deutsche Bank Chairman Christian Sewing is in these days at the world economic summit in Davos.
The Frankfurter had given in the autumn of that on their systems by 2015, about € 150 billion in suspicious funds were flowing. In the case of the Danske scandal, it comes to suspicious payments in a total volume of around 200 billion dollars in the years 2007 to 2015.
The money house has so far been on the position that you have as a so-called correspondent Bank have no knowledge of the Danske customers and their machinations had and also not need to have. The Fed was not initially be reached for comment.
The Fed and the Deutsche Bank …
Deutsche Bank head Christian Sewing, who is currently at the world economic forum in Davos part, had reaffirmed last week that an internal investigation of the Bank in the case had shown no evidence of misconduct in his house.
As Bloomberg reported, citing two insiders, is the investigation of the Fed is still in an early stage. An official investigation of the Fed, which is in the USA, in addition to the monetary policy of the Bank Supervisory is active, could have for the Deutsche Bank unpleasant consequences.
2017 verdonnerte the Central Bank, the Institute, together with other supervisors to a penalty of 700 million dollars due to lax money-laundering controls in Russia. The U.S. Department of justice has not completed its investigation of the Case, a further penalty is therefore not excluded.
Panama or Estonia, Deutsche Bank is in the process of
Deutsche Bank was again in the centre of a money laundering investigation by the authorities. In November the Prosecutor’s office in Frankfurt was the Headquarters of the Institute in Frankfurt’s banking district, two days in length – however, not in connection with the Danske scandal, but the so-called “Panama Papers”.
In September, the German financial authority, BaFin, had also called for Deutsche Bank to do more to combat money laundering and the financing of terrorism, and a special representative for the Institute installed a hitherto unprecedented operation.
dk/zdh (rtr, Bloomberg)