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Deutsche Bank Said to Probe Senior Russia Employee Over Bribes

Deutsche Bank AG’s internal probe into possible money laundering at its Russian unit has sparked an investigation into whether a senior employee took bribes, people with knowledge of the situation said.

The bribery investigation is in its early stages, the people said, requesting anonymity because the matter is private. Unexplained funds were discovered in accounts controlled by the employee and the employee’s spouse, the people said. The people didn’t identify the employee.