Deutsche Bank offices searched in money laundering probe
Deutsche Bank said on Wednesday that enforcement officials were searching its offices in Frankfurt and Berlin as part of a probe over suspected money laundering.
The lender said it was co-operating fully with the public prosecutor’s office but declined to comment further.
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According to Der Spiegel, who first reported the news, prosecutors said the investigation is "against previously unknown managers and employees of Deutsche Bank".
Deutsche Bank shares were down over 3% following the news, after trading around 2% lower before the development. The company will report fourth-quarter earnings on Thursday.
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