The US authorities are investigating Deutsche Bank and complying with legislation to prevent money laundering and other criminal activities. The German financial group may not have complied with the rules here. Sources of the investigation reported to The New York Times.
The investigation would look at Deutsche Bank’s response to employee reports of potentially suspicious transactions. Some of those transactions are linked to US President Donald Trump and his son-in-law and top adviser Jared Kushner, according to The New York Times. The Deutsche Bank case is part of a larger investigation into suspicious money flows in the financial system in the United States. Several banks are being examined.
Deutsche Bank did not want to comment on the content of the message, but said it did cooperate with investigations by authorities. The bank has also taken steps to improve its anti-money laundering policy.