21 Nov 2018
German financial watchdog Bafin has asked Deutsche Bank (DBKGn.DE) to supply information on its dealings with Danske Bank (DANSKE.CO), which is ensnarled in money laundering allegations, a source close to the matter said on Tuesday.
After a fast evaluation of the data, Bafin will decide whether to launch a formal probe into Deutsche Bank, the source added.
Deutsche Bank and Bafin declined to comment.
– By Andreas Framke, Reuters, 20 November 2018.
Link to Reuters.
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