Global Investigations Review - The law and practice of international investigations

New York regulator hits Deutsche Bank over controversial relationships

By Michael Griffiths

07 July 2020

New York regulator hits Deutsche Bank over controversial relationships Deutsche Bank in Frankfurt (Credit: iStock.com/AM-C )

German lender Deutsche Bank has agreed to pay $150 million to settle a US probe into its dealings with convicted sex offender Jeffrey Epstein as well as its poor management of high-risk correspondent banking arrangements.