Skip to content
Subscriber Only

Deutsche Bank Investigating $6 Billion of Possible Money Laundering by Russian Clients

Video player cover image

Why Deutsche Bank May Be Investigating Russian Trades

Updated on

Deutsche Bank AG is conducting an internal probe into possible money laundering by Russian clients that may involve about $6 billion of transactions over more than four years, according to people with knowledge of the situation.

The Bank of Russia approached Deutsche Bank in October asking the firm to examine the stock-trading activities of some clients in the country, said one person, who asked not to be identified because the discussions are private.