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Deutsche Bank Among Four Said to Be in U.S. Iran Probe

Deutsche Bank AG is among four European banks being investigated by U.S. authorities for alleged violations involving oil trading and Iran, according to an attorney with knowledge of the matter.

Regulators including the U.S. Treasury’s Office of Foreign Assets Control, the Federal Reserve, the Justice Department and the Manhattan district attorney’s office are all involved in the probe of Deutsche Bank and three other European banks, said the attorney, who asked not to be identified because the investigations are confidential.